A.M. market numbers for January 18, 2010

| North American markets | International markets | Bonds | Currency | Commodities |

The Toronto stock market could be heading towards an early lift from rising oil and metal prices.

But with New York markets closed for the Martin Luther King holiday and no economic news on tap, it could be a lacklustre session.

The Canadian dollar moved 0.34 of a cent higher to 97.48 cents US.

In electronic trading on the New York Mercantile Exchange, the February crude contract rose 37 cents to US$78.37 a barrel.

Crude prices fell every day last week, losing just over 5%, as the first batch of fourth quarter earnings and economic data pointed to signs of continued weakness in the U.S. economy.

Falling energy stocks helped push the TSX down 2.2% last week.

The February gold contract gained $3.80 to US$1,134.30 an ounce while March copper rose six cents to US$3.42 a pound.

When Wall Street returns on Tuesday, the focus will turn towards the next batch of fourth quarter corporate earnings figures, including those from Citigroup Inc. and IBM Corp.

So far, earnings have been fairly mixed, with upside surprises from the likes of Intel Corp. offset by disappointments elsewhere, most notably Alcoa Inc. and JPMorgan Chase.

In overseas trading, Japan’s Nikkei 225 stock average ended 1.2% lower while Hong Kong’s Hang Seng fell 0.9%.

London’s FTSE 100 index was up 0.75%, Frankfurt’s DAX gained 0.54% while the Paris CAC40 climbed 0.61%.

In corporate news, Canadian Satellite Radio Holdings Inc., parent company of XM Canada, reports 10% revenue growth to $13.7 million in the quarter ended Nov. 30, up from $12.5 million in the same quarter last year. Its said Friday that its operating loss was $1 million, compared with a loss of $2.9 million last year.

New Flyer Industries Inc. said Friday it received orders for 711 buses in the fourth quarter for a total of $308 million. The company said the orders included 506 new firm and option orders and 205 exercised options for buses.

Japan Airlines is expected to file for bankruptcy protection Tuesday, ending months-long speculation about its fate and launching a massive overhaul to shed the fat and inefficiency that hobbled Asia’s biggest airline. The carrier had debts of 1.5 trillion yen (US$16.5 billion) as of November.

A union representing British Airways cabin crew said Monday it will hold a strike vote in a dispute over pay, job security and working conditions. The Unite union said it would continue to negotiate with the airline while the vote by 13,000 cabin crew goes ahead starting next week.

(The Canadian Press)

North American markets

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	Open	Change	2009 Full Year
Dow Jones	10,609.65	-100.90 or -0.94%	+1.74%
S&P 500	1,136.03	-12.43 or -1.08%	+1.88%
NASDAQ	2,287.99	-28.75 or -1.24%	+0.83%
TSX Composite	11,685.37	-119.01 or -1.01%	-0.52%

International markets

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	Open	Change	YTD
Nikkei	10,855.08	-127.02 or -1.16%	+2.93%
Hang Seng	21,460.01	-194.15 or -0.90%	-1.89%
SENSEX	17,641.08	+86.78 or +0.49%	+1.01%
FTSE 100	5,494.86	+39.49 or +0.72%	+1.51%
CAC 40	3,978.63	+24.25 or +0.61%	+1.07%
DAX	5,905.98	+30.01 or +0.51%	-0.86%

Bonds

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Bonds	$Current	$Previous	%Yield
Cdn. 10-year bond	102.04	101.70	3.49
Cdn. 30-year bond	115.60	115.10	4.05
U.S. 10-year bond	97.55	97.56	3.67
U.S. 30-year bond	96.63	96.75	4.58

Currency

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BoC Close	Today	Previous
Canadian $	0.9733	0.9742
US $	1.0274	1.0265

Euro Spot Rate	Today	Previous
Canadian $	0.6783	0.6779
Euro	1.4743	1.4752

Commodities

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Gold	AM	PM
London Gold Fix ($US)	$1,135.75	$1,128.00

Oil	Open	Change
WTI Crude Future (US)	$78.41	+$0.41 or +0.53%

(01/18/10)