CANADA STOCKS-TSX set to open lower as strong dollar hits gold, crude

Tue Mar 10, 2015 7:28am EDT
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March 10 (Reuters) - Futures pointed to a lower opening for Canada's main stock index on Tuesday as most commodities, including gold and crude oil, continued to struggle with the strength of the U.S. dollar.

March futures on the S&P TSX index were down 0.67 percent at 7:15 a.m. ET.

No major Canadian economic events are scheduled for the day.

Canada's main stock index hit its lowest level in five weeks on Monday, as energy shares fell with weaker Brent oil prices and smartphone maker BlackBerry Ltd dropped after a downgrade by Goldman Sachs.

Dow Jones Industrial Average e-mini futures were down 0.63 percent at 7:15 a.m. ET, S&P 500 e-mini futures were down 0.66 percent and Nasdaq 100 e-mini futures were down 0.65 percent. (Morning News Call newsletter; The Day Ahead newsletter


Gold futures : $1,159.2; -0.62 pct

US crude : $49.69; -0.62 pct

Brent crude : $57.74; -1.35 pct   Continued...