Nov 3 (Reuters) - Canada's main stock index futures
edged higher on Monday, lifted by an uptick in gold and oil, as
investors brace for a data-heavy week on the domestic front.
December futures on the S&P/TSX index were up 0.32%
at 06:12 a.m. ET.
Investors are awaiting Canada's October manufacturing PMI,
due at 8:30 a.m. ET, followed by employment data later in the
week.
In the United States, attention turns to private sector jobs
and labor components in business activity surveys, as markets
navigate the absence of their usual economic benchmarks amid a
government shutdown.
Brent crude futures rose 0.2% after OPEC+ decided to hold
off production hikes in the first quarter of next year, while
bullion prices gained, helped by expectations of further U.S.
interest rate cuts after comments from the U.S. Federal Reserve
Board's Christopher Waller.
On Friday, the S&P/TSX composite index gained
81.76 points, or 0.3%, to 30,260.74. For the month, it was up
0.8%, marking the sixth straight monthly advance, the longest
such streak since 2021.
Meanwhile, markets also kept an eye on U.S.-Canada tensions
after Canadian Prime Minister Mark Carney said on Saturday he
apologized to U.S. President Donald Trump over an anti-tariff
political ad, and urged Ontario Premier Doug Ford not to run it.
The ad had prompted Trump to announce higher tariffs on Canadian
goods and led Washington to halt trade talks with Ottawa.
On the corporate front, activist fund Palliser Capital has
intensified pressure on Rio Tinto to mount a "now or
never" counterbid for Teck Resources ( TECK ), according to a
letter seen by Reuters.