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Canadian Dollar Poised for Second Weekly Gain on Commodities (Bloomberg.com)

May 16 (Bloomberg) -- The Canadian dollar is headed for a second weekly gain as surging prices of the nation's commodity exports attracted investors. Canada's dollar has increased 0.8 percent so far this month, making it the fifth-best performer among the 16 most- active currencies.

U.K. Government Notes Post Biggest Weekly Decline Since 1994 (Bloomberg.com)

May 16 (Bloomberg) -- U.K. two-year government notes posted their biggest weekly decline in 14 years as traders pared bets the Bank of England will cut interest rates next month.

Copper Heads for First Weekly Gain in Month on Supply Outlook (Bloomberg.com)

May 16 (Bloomberg) -- Copper rose, heading for the first weekly gain this month, on expectations stockpiles monitored by the London Metal Exchange will extend declines and a labor strike will resume at Codelco, the world's largest copper producer.

Weekly Canadian Crush Little Changed (Ag Report)

WINNIPEG - May 16/08 -- STAT -- The Canadian Oilseed Processors Association (COPA) reports weekly crush in that country totalled 73,437 metric tons (MT) of canola and 28,381 of soybeans during the week ending May 14.

MARKET SNAPSHOT: U.S. Stocks Mostly Lower; Weekly Gains Still In Sight (Nasdaq)

U.S. stocks were mostly lower Friday, but still headed for solid weekly gains, as crude-oil prices broke to another record high and consumer confidence slumped, overshadowing a surprising rise in April home construction.