March 20 (Reuters) - Stock futures pointed to a lower opening for Canada's main stock index on Monday after financial leaders of the world's biggest economies dropped a pledge to keep global trade free and open.
Breaking a decade-long tradition of endorsing open trade, G20 finance ministers and central bankers made only a token reference to trade in their communique on Saturday, a clear defeat for host nation Germany, which fought the new U.S. government's attempts to water down past commitments. futures on the S&P TSX index SXFc1 were down 0.13 percent at 7:15 a.m. ET.
Wholesale trade data is due at 8:30 a.m. ET ECONCA .
Canada's benchmark stock index fell on Friday as financial stocks lost ground along with bond yields and as natural resource companies pulled back despite an uptick in commodity prices. Jones Industrial Average e-mini futures 1YMc1 were down 0.03 percent at 7:15 a.m. ET, while S&P 500 e-mini futures ESc1 were down 0.12 percent and Nasdaq 100 e-mini futures NQc1 were down 0.02 percent. .N
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TOP STORIES TOP/CAN
The Washington Cos said on Sunday it had previously made a proposal to acquire all of the outstanding common stock of mining company Dominion Diamond Corp . DDC.TO for $13.50 a share. RESEARCH HIGHLIGHTS RCH/CA
AutoCanada Inc ACQ.TO : CIBC cuts target price to C$20 from C$22
BCE Inc BCE.TO : CIBC raises target price to C$60 from C$59
Stella-Jones Inc SJ.TO : Desjardins cuts price target to C$43 from C$45
COMMODITIES AT 7:15 a.m. ET COM/WRAP
Gold futures GCc1 : $1233.5; +0.3 percent GOL/
US crude CLc1 : $48.15; -1.29 percent O/R
Brent crude LCOc1 : $51.29; -0.91 percent O/R
LME 3-month copper CMCU3 : $5901; -0.57 percent MET/L
U.S. ECONOMIC DATA DUE ON MONDAY
08:30 National Activity Index for Feb: Prior -0.05
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Canadian markets directory CANADA ($1= C$1.33)