American Dollar to Canadian Dollar = 0.753119; American Dollar to Chinese Yuan = 0.140270; American Dollar to Euro = 1.102268; American Dollar to Japanese Yen = 0.007036; American Dollar to Mexican Peso = 0.058948.

Crude oil futures steadied on Monday, supported by a rebound in stock markets and escalating Saudi-Iran tensions. Global stocks came off six-week lows on optimism that the United States and China are set to begin trade talks, easing fears about a trade war between the world’s two largest economies. The possibility of a full-blown trade war had weighed on the energy complex on fears that it could harm oil demand. Brent crude futures LCOc1 were up 9 cents at $70.54 a barrel at 1206 GMT. U.S. West Texas Intermediate (WTI) crude futures CLc1 eased 5 cents to $65.83.

Canadian National this week was the only Class I railroad to publicly comment on the $85-billion acquisition agreement between Union Pacific and Norfolk Southern, a corporate marriage that if approved would create the first U.S. transcontinental freight railroad. “CN is closely monitoring the ongoing discussions about possible transcontinental rail mergers,” the Montreal-based company (NYSE: CNI) said in a statement to FreightWaves. “Our focus remains on delivering consistent performance for our customers, pursuing strategic growth opportunities, and creating long-term value for our shareholders. “CN believes this can be achieved through greater collaboration between railways, connecting key markets with critical resources,” as opposed to mergers.