CANADA STOCKS-TSX set to open lower on weak US data
April 9 (Reuters) - Toronto's main stock index looked set to open lower on Monday after weaker-than-expected U.S. non-farm payroll data on Friday weighed on sentiment. Canada's market was closed on Friday.
FACTORS TO WATCH
* Canadian equity futures pointed to a lower open.
* U.S. stock index futures traded lower after last week's much weaker-than-expected report on U.S. job creation for March.
COMMODITY PRICE MOVES
* The Thomson Reuters-Jefferies CRB index, a global commodities benchmark, fell 0.52 percent in early trade.
* Oil prices fell more than $1 after Iran agreed to resume talks over its nuclear program, easing fears of a supply disruption in the Middle East.
* Gold prices rose, recovering from last week's more than 2 percent drop, after disappointing U.S. jobs data revived hopes for fresh monetary easing and a spike in Chinese inflation boosted appetite for the metal.
* Shanghai copper slipped, under pressure from a rising rate of inflation in China, but losses were limited on hopes that the world's biggest user top will go ahead with further monetary policy easing. Continued...