Aug 4 (Reuters) - Futures tracking Canada's commodity-heavy
stock index edged higher on Tuesday as oil climbed against
uncertainty over the Middle East conflict, while gold prices
were steady.
September futures tracking the S&P/TSX Composite index
were up 0.7% at 06:00 a.m. ET, with domestic markets set
to open after a long holiday weekend.
Here are some details:
* Oil prices rebounded as a diplomatic resolution to the
Middle East conflict remained uncertain, while disruptions to
energy flows through key shipping routes persisted.
* Brent crude futures rose 2.8% after dropping 7% in
the previous session to a three-week low, while West Texas
Intermediate Crude gained 2.4%.
* Gold prices were steady as investors weighed mixed signals
over the U.S. Federal Reserve's interest-rate path and monitored
ongoing developments in the Middle East, while copper prices
advanced, supported by falling inventories.
* Spot gold was little changed at $4,048.84 per
ounce, while silver gained 0.9%.
* Investors were also digesting second-quarter results from
specialty semiconductor producer 5N Plus ( FPLSF ), which topped
earnings estimates late on Monday.
* Meanwhile, at least three brokerages downgraded Telus ( TU )
after the telecom provider's quarterly results.
* A host of energy firms and miners including Suncor Energy ( SU )
and Orla Mining, among others, are set to
report quarterly results after the bell.
* On Friday, the benchmark index dipped as a slump in gold
prices weighed on mining shares, although it still notched a
fourth consecutive monthly gain.
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