Dec 27 (Reuters) - Futures linked to Canada's main stock
index dipped on Friday, tracking Wall Street peers, as investors
returned after a two-day Christmas break to the end of a quieter
week.
March futures on the S&P/TSX index were down 0.09%
at 6:10 a.m. ET (11:10 GMT).
Wall Street futures eased on Friday at the end of an upbeat
holiday-shortened week for the main indexes.
Among commodities, gold prices eased but were set for
a weekly gain as investors gravitated towards safe-haven assets
amid political uncertainty in the Middle East.
Oil, rose slightly and was on track for a
weekly gain, spurred by expectations of a stimulus-driven
economic recovery in China and by forecasts of lower U.S.
inventories.
The composite index ended higher on Tuesday in
thin trading on Christmas Eve.
Meanwhile, in a bid to address the looming threat of U.S.
tariffs, Canada's new Finance Minister Dominic LeBlanc and
Foreign Affairs Minister Melanie Joly will meet aides to U.S.
President-elect Donald Trump in Florida on Friday.
Canada is the world's fourth-largest oil producer and the
sixth-largest natural gas producer. The vast majority of its 4
million barrels per day of crude exports go to the U.S.
Trump has threatened a 25% tariff on imports from Canada,
until the country stops drugs and migrants crossing its border
with the U.S.
In corporate news, silver ore mine operator Sierra Metals ( SMTSF )
said on Thursday that majority of its shareholders
rejected a takeover bid from Peru-based Alpayana as inadequate.
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