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TSX futures inch higher as gold prices rise

Credit: REUTERS/CHRIS HELGREN

Stock futures for Canada's main stock index inched higher on Monday, as gold hit a more than one-week peak on concerns over the U.S.-China trade dispute.

May 27 (Reuters) - Stock futures for Canada's main stock index inched higher on Monday, as gold hit a more than one-week peak on concerns over the U.S.-China trade dispute.

Spot gold XAU= was last up 0.13% at $1,286.30 per ounce by 7:00 a.m. ET. The metal touched $1,287.32 earlier in the session, its highest since May 17.

June futures on the S&P/TSX index SXFc1 were up 0.13% at 7:00 a.m. ET.

The Toronto Stock Exchange's S&P/TSX .GSPTSE rose 65.43 points, or 0.40%, to 16,230.04 on Friday.

ANALYST RESEARCH HIGHLIGHTS RCH/CA

Heroux Devtek Inc HRX.TO: RBC raises target price to C$21 from C$20

Toronto-Dominion Bank TD.TO: BMO raises target price to C$85 from C$82

Prairiesky Royalty Ltd PSK.TO: Raymond James raises target price to C$20.50 from C$20

COMMODITIES AT 7:00 a.m. ET COM/WRAP

Gold futures GCc2: $1285.5; +0.15% GOL/

US crude CLc1: $58.49; -0.24% O/R

Brent crude LCOc1: $69.02; +0.48% O/R

FOR CANADIAN MARKETS NEWS, CLICK ON CODES:

TSX market report .TO

Canadian dollar and bonds report CAD/CA/

Reuters global stocks poll for Canada EQUITYPOLL1, EPOLL/CA

Canadian markets directory CANADA

($1 = C$1.34)

(Reporting by Yoganand KN in Bengaluru; Editing by Subhranshu Sahu)

((Yoganand.kn@thomsonreuters.com))

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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