Thursday, December 3, 2009

Financial Update For Dec. 3, 2009

• TSX +72,41 Canada is due to report November employment data on Friday, and the report is expected to show a gain of 15,000 jobs.

• DOW -18.90 Employment data showing U.S. private employers shed 169,000 jobs in Nov was worse than forecast, though lower than Oct's numbers. But it raised investor worries that the broader U.S. employment report for Nov on Friday might be weak.

• Dollar -.32c to 95.22cUS tracking a downward swing in the price of oil as investors cooled their heels ahead of week end employment reports.

• Oil -$1.77 to $76.60US per barrel.

• Gold +$12.90 to $1,200.00USD per ounce