By Catarina Saraiva June 9 (Bloomberg) -- The Canadian dollar rose for a third day, the longest winning streak in almost a month, as crude oil and U.S. stock-index futures increased, fueling demand for assets linked to economic growth. Canada’s currency, known as the loonie, has gained 11.4 percent this year versus its developed-world counterparts, Bloomberg Correlation-Weighted Indexes show, the second-best performance after the yen. China’s stocks rose the most in more than two weeks after Reuters reported a surge in the nation’s exports and higher-than-estimated new loans in May. “Risk appetite seems to be more constructive, pulling markets a little bit higher,” said Shaun Osborne, chief currency strategist in Toronto at Toronto-Dominion Bank. “Equity markets are holding up and we’ll probably see the Canadian dollar do a bit better.” The Canadian dollar advanced 0.3 percent to C$1.0446 per U.S. dollar at 7:59 a.m. in Toronto, from C$1.0475 yesterday. Its three-day winning streak is the longest since a four-day period ended May 12. One Canadian dollar buys 95.73 U.S. cents. Futures on the Standard and Poor’s 500 Index increased 0.5 percent. Crude oil for July delivery gained 1.4 percent after a report yesterday showed stockpiles are falling as the U.S. economic recovery spurs demand. The loonie tends to follow movements in stocks and commodities. --Editors: James Holloway, Gregory Storey To contact the reporter on this story: Catarina Saraiva in New York at asaraiva5@bloomberg.net. To contact the editor responsible for this story: Dave Liedtka at dliedtka@bloomberg.net

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