CANADA STOCKS-Futures trade slightly higher

Mon May 30, 2016 7:36am EDT
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May 30 (Reuters) - Futures indicated a modestly higher opening for Canada stocks on Monday after Federal Reserve Chair Janet Yellen suggested a rate hike in the coming months, but gains were limited as Canadian oil production was set to restart after huge wildfires.

June futures on the S&P TSX index were up 0.1 percent at 7:15 a.m. EDT.

Current account for the first quarter, producer prices and raw material prices data for April are due at 8:30 a.m. EDT.

U.S. markets are closed for the Memorial Day holiday.

Canada's main stock index climbed on Friday, helped by strength in the financial services sector and energy companies, with investors focusing on monetary policy commentary from U.S. central bank chief Janet Yellen.

(Morning News Call newsletter; The Day Ahead newsletter

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