July 30 (Reuters) - Futures tracking Canada's stock index
ticked higher on Thursday as strong earnings from energy and
mining companies lifted sentiment, while lingering Middle East
tensions continued to support commodity prices.
September futures tracking the S&P/TSX Composite index
were up 0.3% at 6:40 a.m. ET. The main index
closed down 1.2% on Wednesday.
Here are some details:
* Oil prices edged up 0.2% as escalating attacks between the
United States and Iran disrupted oil flows through key shipping
routes.
* Vermilion Energy ( VET ) and Kinross Gold ( KGCRF ) posted
higher second-quarter profits amid a flurry of earnings releases
from energy and mining companies late Wednesday.
* Investors now await quarterly earnings reports from
Eldorado Gold and Baytex Energy, among others, due after the
bell.
* Gold prices were marginally higher on Thursday as markets
assessed the U.S. Federal Reserve's decision to keep interest
rates unchanged, as well as a potential resurgence in inflation
as the Middle East conflict lingers.
* Spot gold gained 0.3%, while silver gained
0.2%.
* Separately, minutes from the Bank of Canada's July 15
meeting released on Wednesday showed that governors were split
over the sustainability of the economic recovery.
* The BoC left interest rates unchanged at its last meeting
and predicted the economy would grow by 2.5% on an annual basis
in the second quarter after grinding to a halt in the first
quarter.
* Prime Minister Mark Carney on Wednesday played down the
idea of curbing oil supplies to the United States to gain
leverage in a trade war, saying that would harm Canada's
reputation.
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