Aug 6 (Reuters) - Futures tracking Canada's main stock index
edged higher on Thursday as investors weighed the prospects of a
U.S.-Iran peace deal alongside a largely positive slate of
corporate earnings.
September futures tracking the S&P/TSX Composite index
were up 0.2% at 6:44 a.m. ET, following the benchmark's record
high on Wednesday.
* Canadian Natural Resources ( CNQ ) beat second-quarter
profit estimates on Thursday, benefiting from higher oil and
natural gas production, while AtkinsRéalis and
Quebecor ( QBCAF ) also posted a rise in quarterly revenue.
* Restaurant Brands International beat overall
same-store sales growth expectations for the second quarter,
helped by resilient demand at its Burger King chain in the U.S.
* Miners Lundin Mining and McEwen also
reported a rise in second-quarter revenue late on Wednesday.
* At least six brokerages hiked price targets for Shopify ( SHOP )
after the e-commerce firm forecast quarterly revenue
above estimates.
* Meanwhile, gold climbed to a seven-week high, as hopes
surrounding the re-opening of the Strait of Hormuz eased
mounting fears around inflation and higher-for-longer interest
rates.
* Spot gold was up 0.5%, while silver was down
0.4%.
* Oil prices gained as investors remained cautious about the
Iran-Oman talks. Brent crude futures traded around
$80.31 per barrel, while U.S. West Texas Intermediate futures
traded at $75.86 a barrel.
* On the domestic front, Greater Toronto Area home sales
rose in July for a fifth straight month and prices increased,
Toronto Regional Real Estate Board data showed on Thursday.
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