Gold futures : $1,818.3; +0.06% US crude : $76.18; -0.14% Brent crude : $82.93; -0.2% FOR CANADIAN MARKETS NEWS, CLICK ON CODES: TSX market report Canadian dollar and bonds report Reuters global stocks poll for Canada Canadian markets directory ($1 = 1.3594 Canadian dollars) (Reporting by Johann M Cherian in Bengaluru; Editing by Savio D'Souza)
Feb 27 (Reuters) - Futures for Canada's main stock index
rose on Monday, tracking the recovery in global peers after
sharp losses last week, although a drop in crude oil prices kept
a lid on gains on the commodity heavy bourse.
March futures on the S&P/TSX index were up 0.3% at
07:16 a.m. ET.
Global shares crawled higher after a sharp decline last week
following another round of strong U.S. and European data that
forced investors to prepare for higher interest rates by central
banks. Last week, the Toronto Stock Exchange's S&P/TSX composite
index posted its worst weekly performance so far this
year. Oil prices slid on Monday as market participants feared that
further monetary tightening out of the world's largest economy
would strain demand for commodities. Among single stocks, auto parts provider LKQ Corp said it would buy Uni-Select Inc in an all-cash deal of
about C$2.8 billion ($2.06 billion).
Africa Oil Corp and MEG Energy Corp are
expected to report fourth-quarterly results after the session.
Dow e-minis were up 157 points, or 0.48% at 07:16
a.m. ET, while S&P 500 e-minis were up 21.5 points, or
0.54% and Nasdaq 100 e-minis were up 78.75 points, or
0.66%. COMMODITIES AT 7:00 a.m. ET
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