Tuesday, April 21, 2009

Financial Update for April 21, 2009

• TSX -311.50Stock markets dropped heavily as crude oil prices fell to the lowest level since mid-March and fears grew that big American banks are imperiled by swelling bad debts.

• DOW -289.60
• Dollar -1.56c to 80.74USD
• Oil -$4.45 to $45.88US per barrel. Energy stocks tumbled 6.5% as the May crude oil contract tumbled 8.8% on a stronger U.S. dollar and higher inventories
• Gold +$19.40 to $867.80USD per ounce
• Canadian 5 yr bond yields -.09bps to 1.87. Four weeks ago it was 1.76. The spread today is -1.82
• http://www.financialpost.com/markets/market_data/money-yields-can_us.html