TSX futures edge up with Mideast, US-China summit in focus

Kitco Media
By Reuters
Published:
Updated:
Reuters
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May 14 (Reuters) - Futures for Canada's main stock index rose on Thursday, with gold ​prices steady and oil moving higher amid investors ‌awaiting developments on the Middle East front and a high stakes U.S.-China summit.
June futures on the S&P/TSX index were up 0.4% at ​06:41 a.m. ET.

U.S. President Donald Trump is expected ​to ask China for help in ending the unpopular ⁠war in Iran, with peace talks between Tehran and ​Washington deadlocked

Iran's foreign minister urged BRICS nations to condemn U.S. and ​Israel actions as "violations of international law"

Oil prices , edged higher, with markets scouring for progress on a resolution for the U.S.-Iran war. O/R

Gold ​prices were steady as investors digested a rise in ​U.S. producer prices driven by increased energy costs

The Toronto Stock Exchange's ‌S&P/TSX ⁠Composite Index (.GSPTSE), slipped on Wednesday, with a decline in financials and tech shares weighing on the index

Canadian home sales saw a modest rise in April while prices edged down, data ​from the ​Canadian Real ⁠Estate Association showed.

Energy infrastructure firm Keyera (KEY.TO), posted a first-quarter loss

Canadian Tire (CTCa.TO), reported Q1 adjusted profit ​above market expectations

Sherritt International (S.TO), said its first ​quarter ⁠financial filing could be delayed after its external auditor resigned and finance chief left, which could trigger a halt in its ⁠Canada ​shares trading

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Reporting by Twesha Dikshit; Editing by Joyjeet Das

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