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CANADA STOCKS-TSX futures little changed ahead of key economic data
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CANADA STOCKS-TSX futures little changed ahead of key economic data
May 14, 2024 4:59 AM

May 14 (Reuters) - Futures for Canada's main stock index

were muted on Tuesday as investors braced for key economic data

scheduled for later in the day, ahead of Wednesday's crucial

U.S. consumer prices data.

June futures on the S&P/TSX index were up 0.1% at

7:06 a.m. ET (1106 GMT).

Canada's wholesale trade data for March and U.S. producer

prices data for the last month are set for release later in the

day.

Federal Reserve Chair Jerome Powell is also due to speak

at 1400 GMT, a day before the highly anticipated U.S. consumer

price figures, which could help traders assess the timing of the

central bank's interest rate cut.

Meanwhile, the materials index is expected to

climb, supported by a rise in copper and gold prices.

The Toronto Stock Exchange's S&P/TSX composite index

ended down 49.76 points, or 0.2%, at 22,259.17 on

Monday, weighed by declines for technology and gold mining

shares.

Dow e-minis were little changed, up 0.03% at 7:06

a.m. ET, while S&P 500 e-minis were up 0.03% and Nasdaq

100 e-minis up 0.02%.

On the corporate front, Centerra Gold ( CGAU ) reported a 35%

jump in first-quarter revenue and said the gold mining company

was well positioned to achieve its 2024 guidance.

COMMODITIES AT 7:06 a.m. ET

Gold futures: $2,351.4; +0.4%

US crude: $79.05; -0.1%

Brent crude: $83.3; -0.1%

($1= C$1.3667)

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