Canadian

TOKYO (Reuters) - The Canadian dollar, the Mexican peso, U.S. stock futures and many share markets gained on Monday after the United States and Canada forged a last-gasp deal to salvage a trilateral trade agreement in North America. FILE PHOTO: A Canadian dollar coin, commonly known as the "Loonie", is pictured in this illustration picture taken in Toronto, Ontario, Canada, January 23, 2015. REUTERS/Mark Blinch/File Photo While analysts delved into the details of the pact, which is to be called United States-Mexico-Canada Agreement (USMCA), most investors reacted favorably, believing that getting a deal is better than no deal. “Investors will likely view the latest agreement positively, a sign that trade disputes are easing outside China-U.S. talks,” said Norihiro Fujito, chief investment strategist at Mitsubishi UFJ Morgan Stanley Securities. Most European shares are expected open higher, with financial spread-betters looking for 0.4 percent gains for France's … [Read more...] about Canadian dollar, many share markets up on deal on NAFTA or ‘USMCA’

TOKYO (Reuters) - The Canadian dollar and the Mexican peso rose and Japanese shares hit 27-year highs on Monday after the United States and Canada reached a framework deal to update the North American Free Trade Agreement. A man walks in front of a screen showing today's movements of Nikkei share average outside a brokerage in Tokyo, Japan, June 2, 2016. REUTERS/Issei Kato/File Photo A Canadian source confirmed the two countries reached a deal, with Canada agreeing to a side-letter arrangement effectively capping automobile exports to the United States. Japan's Nikkei .N225 rose as much as 0.8 percent to climb a tad above the 27-year high reached on Friday, and it ended the morning session 0.6 percent ahead. U.S. stock futures ESc1 also gained 0.5 percent. Norihiro Fujito, chief investment strategist at Mitsubishi UFJ Morgan Stanley Securities, said NAFTA is the second largest trade issue Washington has, after China. “Investors will likely view the latest agreement … [Read more...] about Canadian dollar up on NAFTA agreement, Nikkei hits 27-year high

TOKYO (Reuters) - The Canadian dollar and the Mexican peso rose on Monday on hopes of progress in negotiations over a renewed North American Free Trade Agreement (NAFTA) deal, but Asian shares got off to a slow start amid further signs of weakness in China. A man walks in front of a screen showing today's movements of Nikkei share average outside a brokerage in Tokyo, Japan, June 2, 2016. REUTERS/Issei Kato/File Photo MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS dipped 0.1 percent in early trade, led by fall in Australia, though activity is likely to be slow due to holidays in China including Hong Kong. Japan's Nikkei .N225 gained 0.25 percent though the Topix .TOPX, broader and better gauge of the market, was down 0.2 percent. Casting a shadow in Asia, two surveys showed on Sunday that growth in China’s manufacturing sector sputtered in September as domestic and export demand softened.. The private Caixin/Markit factory Purchasing … [Read more...] about Canadian dollar up on NAFTA hopes, Asian shares off to slow start