March 15 (Reuters) - Futures for Canada's main stock index rose on Monday, tracking higher commodity prices, while investors awaited domestic manufacturing sales data for January to gauge the country's economic health.
Oil prices gained as data showed China's economic recovery accelerated at the start of 2021, boosting the energy demand outlook at the world's largest oil importer. O/R
While gold futures GCc2 gained 0.44% as bullion prices edged up on prospects of higher inflation following the approval of a $1.9 trillion U.S. stimulus bill. futures on the S&P/TSX index SXFc1 were up 0.11% at 7:00 a.m. ET.
Data for Canada's manufacturing sales for January is due at 8:30 a.m. ET
The Toronto Stock Exchange's S&P/TSX composite index .GSPTSE ended 0.02% higher at 18,848.78 on Friday.
Dow Jones Industrial Average e-mini futures 1YMc1 were up 0.36% at 7:00 a.m. ET, while S&P 500 e-mini futures ESc1 were up 0.19% and Nasdaq 100 e-mini futures NQc1 were up 0.23%.
TOP STORIES TOP/CAN
Canadian automation company Promation had been banking on a weaker currency to help it win a new U.S. contract, but slower pace of vaccinations in Canada could erase that competitive edge, President Darryl Spector said. RESEARCH HIGHLIGHTS RCH/CA
Crew Energy Inc CR.TO : Canaccord Genuity raises to "speculative buy" from "hold"
Franco-Nevada Corp FNV.TO : JP Morgan raises target price to C$205 from C$198
TCP Energy Corp TRP.TO : Citigroup (NYSE:C) raises price target to C$67 from C$65
COMMODITIES AT 7:00 a.m. ET
Gold futures GCc2 : $1727.3; +0.44% GOL/
US crude CLc1 : $65.82; +0.32% O/R
Brent crude LCOc1 : $69.43; +0.3% O/R
U.S. ECONOMIC DATA DUE ON MONDAY
0830 NY Fed Manufacturing for Mar: Expected 14.5; Prior 12.1
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