Gold futures : $1,983.3; +0.5% US crude : $65.58; -1.7% Brent crude : $71.62; -1.8% 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 = 1.3722 Canadian dollars) (Reporting by Johann M Cherian in Bengaluru; Editing by Pooja Desai)
March 20(Reuters) - Futures for Canada's main stock
index edged higher on Monday, aided by gains in the prices of
safe-haven assets like bullion, as investors returned to markets
plagued by uncertainty in the global financial sector.
Global investor sentiment was jittery following an emergency
weekend rescue of banking heavyweight Credit Suisse that failed
to calm investors and raised angst about the stability of the
global financial system. Prices of crude oil were hit by worries that the global
banking uncertainty could ward off demand, while contracts
attached to gold prices rose as investors rushed to the
safe-haven asset. March futures on the S&P/TSX index , which tracks
commodity prices, were up 0.3% at 7:10 a.m. ET.
Among stock news, Credit Suisse upgraded its rating on
Brookfield Corp to "outperform" from "neutral."
Meanwhile, brokerage ATB highlighted considerable liquidity,
dilution and going-concern risks for pot stock Hexo Corp .
Later in the week, investors also await February domestic
consumer inflation data and January retail sales data.
The Toronto Stock Exchange's S&P/TSX composite index ended 0.7% down on Friday and hit its lowest weekly
levels this year, weighed down by financials. Dow e-minis were up 13 points, or 0.04% at 7:10
a.m. ET, while S&P 500 e-minis were up 2.25 points, or
0.06%, and Nasdaq 100 e-minis were up 2.5 points, or
0.02%. COMMODITIES AT 7:00 a.m. ET
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