March futures on the S&P/TSX index were up 0.2% at 7:27 a.m. ET.
Prices of gold, copper and oil ticked higher on hopes of slower interest rate hikes out of the U.S., and demand recovering out of a post-COVID China. [GOL/] [MET/L] [O/R]
The commodity-oriented Toronto Stock Exchange's S&P/TSX composite index closed 0.2% higher on Wednesday, its highest closing level in four weeks with gold miners among the top gainers. [.TO]
With the U.S. Federal Reserve on a mission to stamp out inflation through interest rate hikes, investors will be keen on U.S. consumer-inflation figures, expected on Thursday, to gauge future monetary policy out of the world's largest economy.
Among company news, Aritzia Inc is expected to report third-quarter earnings after markets close.
The Panama government doubled down on its order that metal miner First Quantum Minerals should halt operations at its flagship local copper mine, since it had been operating without a contract since 2017.
COMMODITIES AT 7:27 a.m. ET
Gold futures: $1,888.6; +0.6% [GOL/]
US crude: $75.4; +0.4% [O/R]
Brent crude: $80.6; +0.6% [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
Canadian markets directory
($1 = C$1.3424)
(Reporting by Johann M Cherian in Bengaluru; Editing by Shailesh Kuber)
