Futures linked to Canada’s main stock index rose on Friday as gold prices extended their rally, but market caution ahead of local and US jobs data limited further gains.
March S&P/TSX index futures were up 0.1% at 7:04 a.m. ET (12:04 GMT).
Materials shares were set to advance for the seventh consecutive session, as gold prices hit a new record high, while most non-ferrous metals were set for weekly gains, supported by a lower dollar amid expectations of US interest rate cuts.
On the other hand, oil prices fell after briefly stabilizing due to expectations of interest rate reduction in the United States and Europe.
