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MARKETS LIVE BLOG:

STOCK FUTURES CLIMB AS RATE-HIKE FEARS FADE, WITH APPLE ON DECK

Wall Street bracing for drop in revenue, potentially hefty pullback in iPhone sales in China

CANADA FX DEBT - Canadian dollar strengthens, benchmark yield slips

Reuters
FILE PHOTO: A Canadian dollar coin, commonly known as the "Loonie", is pictured in this illustration picture taken in Toronto

The Canadian dollar strengthened against the greenback on Wednesday, and the yield on benchmark government debt slipped.

The loonie was trading 0.1% higher at C$1.3379 to the greenback, or 74.74 U.S. cents, after trading in a range of 1.3366 to 1.3395.

Canadian government 10-year bond yields fell 2.5 basis points to 3.195%. The yield on similar U.S. government benchmark debt fell to 3.9886%.

U.S. February crude futures rose $1.09 to $73.33 a barrel on Wednesday.