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Oil prices were up after three losing sessions as traders also closely watched a quarterly meeting of the Organization of Petroleum Exporting Countries on Thursday.

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real estate loans. But early relief about the deal turned to doubt as traders worry the money will just add to the Spanish government's already considerable debts and perhaps force it to seek its own sovereign bailout.

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The loonie rose 0.43 of a cent at 97.4 cents US.

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Nike Basketball Shoes Black

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the seven per cent yield that has forced other countries to seek rescue loans. The bond rate fell back to 6.67 per cent in Nike Dunk High Premium

There is also nervousness ahead of Sunday's election in Greece. The worry is that a left wing party that advocates tearing up the country's bailout agreement will be the big winner. If that happens, Greece could end up leaving the eurozone with unpredictable consequences for other debt laden eurozone countries such as Italy.

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Nike Basketball Shoes Black

Eurozone finance ministers said Saturday they would make 100 billion available to Spain to revive banks crushed by bad Nike Foamposite High Top

late trading.

currencies are generally outperforming, as they've been hit hard over the past two months and look a little more attractive around these levels, said senior economist Benjamin Reitzes of BMO Capital Markets.

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That investor wariness was evident on bond markets where the yield on Spain 10 year benchmark bond shot up 0.28 of a point to 6.81 per cent, a record high and dangerously close to Nike Dunk Trainers

TORONTO The Canadian dollar advanced Tuesday amid mainly higher commodities prices, while a downgrade of Spanish banks deepened pessimism about the effectiveness of a bailout hammered together for that country banks.

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Nike Basketball Shoes Black

Some members of the cartel have suggested recently that OPEC is producing too much crude and the group could decide to cut supplies to help boost prices. The July crude contract on the New York Mercantile Exchange climbed 62 cents to US$83.32 a barrel.

´╗┐Canadian dollar advances despite Fitch downgrade of Spanish banks

course, that all depends on what happens in Europe. This weekend's bailout for Spain's banks has done little to calm market fears. agency Fitch said it was downgrading 18 Spanish banks as a result of a previous downgrade of Madrid sovereign debt on June 7. Fitch says it had conducted stress Nike Basketball Shoes Black tests, both on the Spanish banking sector as a whole and on individual banks, updating results from tests done in 2011.

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