However, the Canadian dollar was lower as job creation figures for
U.S. futures were higher as the
The Dow Jones industrial futures gained 49 points to 16,867, the Nasdaq futures climbed 9.2 points to 3,785.5 and the S&P 500 futures were ahead 4.5 points to 1,943.
The TSX could find some lift from the energy sector as the Financial Times reported that EU officials have decided to change a draft of a fuel quality directive, something Canadian officials have lobbied their European counterparts to do. Proposed EU environmental legislation would have set heavy penalties on petroleum products made from Alberta’s oilsands, citing higher carbon emissions associated with its production.
There has been speculation in
In other economic news, German industrial production edged up by a smaller-than-expected 0.2 per cent in April compared with the previous month, even as factory orders in Europe’s biggest economy strengthened. The figure was below economists’ expectations of a rise by 0.3 per cent or more.
Meanwhile, traders looked ahead to a raft of key Chinese data coming out next week including readings on inflation, trade and retail sales.
Ahead of those reports,
Commodity markets were mixed in the wake of the jobs data with July crude in
August bullion gained
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