Aug 7 (Reuters) - Futures for Canada's main stock index bounced back on Wednesday after the index fell to week lows in the previous session in a catch-up to Monday's global stocks rout, while a bump in oil and gold prices further helped the recovery.
September futures on the S&P/TSX index were up 0.6% at 6:43 a.m. ET (10:43 GMT).
The Toronto Stock Exchange's S&P/TSX composite index (.GSPTSE), ended 1.1% lower on Tuesday, logging its third straight session of declines and closing at its lowest since July 2.
Technology and mining shares led broader declines as investors caught up to Monday's heavy sell-off that rattled markets during a Canadian market holiday.
TSX futures pointed to a recovery on Wednesday, in sync with the global markets that recouped some losses on Tuesday.
U.S. stock index futures jumped as risk appetite returned after the sell-off and following cautious comments from a Bank of Japan policymaker.
Meanwhile, oil prices rose by over $1, while gold prices inched up on safe-haven demand, bringing Canadian energy and materials sectors into the limelight.
Copper prices, however, continued their downward trend after Chinese data showed weak demand and a surge in inventories highlighted excess supply.
Data-wise, domestic employment figures are due on Friday that will shed more light on the country's labour market.
Investors will parse through a slew of corporate reports, including names like Manulife Financial (MFC.TO), among others.
Shopify (SHOP.TO), beat analysts' estimates for quarterly revenue as its AI-powered tools helped pull in more merchants to its e-commerce services.
Air Canada (AC.TO), reported a lower second-quarter profit, as excess capacity in certain markets and stiff competition on international routes hurt its pricing power.
COMMODITIES AT 6:43 a.m. ET
Gold futures : $2,402.1; +0.1%
US crude : $74.17; +1.3%
Brent crude : $77.52; +1.4%
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($1= C$1.3746)
Reporting by Purvi Agarwal in Bengaluru; Editing by Vijay Kishore
