TSX futures boosted by metal; CPI data, US earnings in focus [Yahoo! Finance Canada]
GRIFOLS SA S/ADR (GIKLY)
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Source: Yahoo! Finance Canada
December futures on the S&P/TSX index were up 0.27% at 6:04 a.m. ET (11:04 GMT). Canada's materials sector could benefit from gold prices that rebounded after posting losses in the previous six sessions, while copper prices also edged higher. [GOL/] [MET/L] The energy sector remained in focus as oil prices rose after the war between Russia and Ukraine intensified over the weekend, while concerns about fuel demand in China and forecasts of a global oil surplus weighed on markets. [O/R] The composite index ended lower on Friday as the prospect of a slower pace of Federal Reserve interest-rate cuts spurred investors to take some profits on gains made since the U.S. presidential election. Canadian investors were squarely focused on the consumer price index (CPI) data due this week, which could provide clues on the Bank of Canada's move at its December policy meeting. The BoC slashed interest rates by half a percentage point last month to boost the domestic economy. Traders see
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