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Overseas markets are mixed this morning, with U.S. stock index futures not far from unchanged, a reflection of the cautious tone among investors right now after January's unexpectedly strong rally.

U.S. trade data this morning did little to shake up markets. But an unexpectedly weak Canadian jobs report, as well as a big dive in housing starts last month, sent the loonie into a tailspin, immediately plunging on the data releases by about half a cent to below parity. It is now trading at 99.77 per (U.S.)

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