Canadian financial close: C$ steady Thursday

Glacier FarmMedia — The Canadian dollar held steady on Thursday. The Canadian dollar settled at US$0.7306 or US$1=C$1.3688, which compares with Wednesday’s close of US$0.7307 or US$1=C$1.3685. Quarterly earnings data from more major Canadian banks continued to top analysts’ expectations, with RBC, TD Bank and CIBC all showing increased profits during the quarter ended Jan. […] Read more



ICE Closing Review: Canola adding onto its prices

Glacier FarmMedia – Despite up-and-down trade throughout the day, canola futures on the Intercontinental Exchange closed higher on Thursday after receiving support from comparable oils. Chicago soyoil and European rapeseed were up, while Malaysian palm oil was down. However, Chicago soybeans and soymeal were in the red. Crude oil made gains amidst tensions between the […] Read more




ICE Midday: Canola, crude oil move higher

Glacier FarmMedia – Canola futures on the Intercontinental Exchange were showing small gains in the middle of Thursday trading, receiving support from comparable oils. Chicago soyoil and European rapeseed were higher, while Malaysian palm oil was lower. Chicago soybeans and soymeal also turned negative. Crude oil gained more than US$1 per barrel amid growing tensions […] Read more



Canadian dollar and business outlook

Glacier FarmMedia — The Canadian dollar was holding steady Wednesday morning. At 8:56 a.m. CST the Canadian dollar was trading at US$0.7308 or US$1=C$1.3684 which compares with Wednesday’s close of US$0.7307 or US$1=C$1.3685. Quarterly earnings data from more major Canadian banks continued to top analysts’ expectations, with RBC, TD Bank and CIBC all showing increased […] Read more


Global Markets: U.S., Iran meet for peace talks

Glacier FarmMedia – The following is a glance at the news moving markets in Canada and globally.      – The United States and Iran will hold indirect peace talks in Geneva on Thursday to reach a deal over Iran’s nuclear program and avoid a potential war. The U.S. wants restraints on Iran’s nuclear program as […] Read more

ICE Canada Morning Comment: Canola bumps up

By Glen Hallick Glacier FarmMedia – Canola futures on the Intercontinental Exchange were mostly higher on Thursday morning, underpinned by gains in the Chicago soy complex and MATIF rapeseed. Declines in Malaysian palm oil tempered the upswing in canola, while lower crude oil weighed on the vegetable oils. The May canola contract remained well above […] Read more