CANADA FX DEBT-C$ makes slight gains, crude oil weighs

Mon Nov 9, 2015 9:28am EST
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* Canadian dollar at C$1.3290 or 75.24 U.S. cents
    * Bond prices lower across the maturity curve

    By Fergal Smith
    TORONTO, Nov 9 (Reuters) - The Canadian dollar gained
slightly against the U.S. dollar on Monday, as crude oil pulled
back after disappointing Chinese trade data, with the currency
trading in a narrower range after having hit a five-week low
against the greenback on Friday.
    China's trade data restrained risk appetite, with U.S. stock
index futures edging lower. China's exports and imports both
fell more than expected. 
    At 9:22 a.m. ET (1422 GMT), the Canadian dollar was
trading at C$1.3290 to the greenback, or 75.24 U.S. cents,
slightly stronger than the Bank of Canada's official close of
C$1.3296, or 75.21 U.S. cents.
    It had hit C$1.3318 on Friday after strong U.S. jobs data
raised the prospect of a December rate hike from the Federal
    U.S. crude prices were down 0.11 percent to $44.24,
while Brent crude added 0.57 percent to $47.69. 
    Canadian housing starts pulled back in October, according to
Canada Mortgage and Housing Corporation. The annualized data was
not far off the median estimate in a Reuters poll. 
    The market will also be sensitive to comments from Federal
Reserve Bank of Boston President Eric Rosengren, speaking on the
 economic outlook, at 1230 p.m. ET (1730 GMT). 
    Rosengren is seen as a dove, so any nod toward December
being a "live" meeting may carry more weight for the market,
with the debate already shifting toward the extent of Fed
tightening rather than when the first rate hike will occur.
    Canadian government bond prices were lower across the
maturity curve, with the two-year price down 2
Canadian cents to yield 0.688 percent and the benchmark 10-year
 falling 17 Canadian cents to yield 1.734 percent.
    The Canada-U.S. two-year bond spread was -21.0 basis points,
while the 10-year spread was -61.4 basis points, both little
changed on the day.

 (Reporting by Fergal Smith; Editing by Nick Zieminski)