TSX futures inch higher on bullion strength

Futures for Canada's main stock index inched higher on Wednesday


Futures for Canada's main stock index inched higher on Wednesday, as strength in bullion prices on the back of subdued dollar offset weakness in crude.

Spot gold gained 0.18%, while crude prices inched down on rising concerns over the spread of the coronavirus Delta variant in top consuming countries. 

September futures on the S&P/TSX index were up 0.13% at 7:00 a.m. ET.

Canada's total reserve assets data for July and building permit for June are due at 8:30 a.m. ET

The Toronto Stock Exchange's S&P/TSX composite index ended 0.38% higher at 20,365.85 on Tuesday.

Dow Jones Industrial Average e-mini futures were down 0.11% at 7:00 a.m. ET, while S&P 500 e-mini futures ESc1 were down 0.06% and Nasdaq 100 e-mini futures were up 0.05%.


Canadian insurer Great-West Lifeco (Lifeco) on Tuesday beat analyst estimates for second-quarter core profit, which rose from a year earlier driven by strong growth in earnings from its U.S. business and higher equity markets. 

($1= C$1.25)

(Reporting by Amal S in Bengaluru; editing by Vinay Dwivedi) ((Amal.S@thomsonreuters.com; within U.S.+1 646 223 8780; outside U.S. +91 80 6749 3677;))

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