Gold futures : $1,955.3; -1.4% US crude : $69.83; +1.01% Brent crude : $75.61; +1% 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 = 1.3726 Canadian dollars) (Reporting by Johann M Cherian in Bengaluru; Editing by Maju Samuel)
March 27 (Reuters) - Futures for Canada's main stock
index rose on Monday, tracking optimism in global markets, while
gains in crude oil prices further aided sentiment.
Global markets got a lift after U.S. lender First Citizens
BancShares Inc said it would purchase the loans and
deposits of failed Silicon Valley Bank, calming investor angst
about the global financial system. March futures on the S&P/TSX index were up 0.4% at
7:12 a.m. ET.
Crude oil prices gained more than 1% as investors assessed
efforts by authorities to rein in concerns over the global
banking system. Among company news, Australia's Origin Energy Ltd agreed to an A$15.35 billion ($10.21 billion) takeover offer by
a consortium led by Brookfield at an implied offer
price of A$8.912 per share.
Brookfield Asset Management is in exclusive talks to acquire
a majority stake in Data4, in a deal that could value the data
center operator at close to 3.5 billion euros ($3.8 billion)
including debt.
On Friday, the Toronto Stock Exchange's S&P/TSX composite
index ended 0.2% up, helped by gains in industrial and
mining sectors. Dow e-minis were up 215 points, or 0.66% at 7:12
a.m. ET on Monday, while S&P 500 e-minis were up 28
points, or 0.7% and Nasdaq 100 e-minis were up 58.25
points, or 0.45%. COMMODITIES AT 7:00 a.m. ET
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