Aug 6 (Reuters) - Futures linked to Canada's main stock
index ticked up on Wednesday, as investors bought the dip after
Friday's sell-off and assessed more corporate earnings.
Futures on the S&P/TSX index were up 0.2% by 06:15
a.m. ET (1015 GMT), rising for a second consecutive day, after
the TSX posted its biggest decline in 10 weeks on Friday.
Canadian ministers held a "productive" meeting with Mexican
President Claudia Sheinbaum, Canada's top diplomat said, as the
two nations prepare to navigate U.S. President Donald Trump's
shifting trade and tariff policies.
Prime Minister Mark Carney said Canada would provide up to
C$1.2 billion ($870 million) to softwood lumber producers in
response to U.S. countervailing and anti-dumping duties.
With the earnings season in full swing, investors will also
look out for the quarterly results from major players including
e-commerce platform Shopify ( SHOP ), WSP Global ( WSPOF ) and
Nutrien ( NTR ), due later in the day.
Meanwhile, Toronto home sales posted their biggest increase
in nine months for July with prices edging lower, according to
Toronto Regional Real Estate Board data.
In commodities, gold prices inched lower on a firm
dollar, while copper rates were lifted amid Chile supply
worries. Oil prices climbed as Trump continued to
threaten India for buying Russian crude oil.
The TSX index on Tuesday posted a new record high,
notching its biggest gain in over four months, boosted by
materials and technology shares.
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