CANADA STOCKS-TSX may open higher on rising oil, gold prices
March 21 (Reuters) - Toronto's main stock index looked set to open higher on Monday with oil and gold prices gaining after Western forces launched a second wave of air strikes on Libya and as unrest proliferated in the Middle East.
FACTORS TO WATCH
* Canadian equity futures <0#SXF:> pointed to a higher open.
* U.S. stock index futures indicated a Wall Street rise of about 1 percent at the open after last week's sell-off as investors welcomed a deal by AT&T to buy the T-Mobile business from Deutsche Telekom. [.N]
* European shares gained after investor confidence rose on signs the situation at Japan's nuclear plant was improving, with telecoms lifted by Deutsche Telekom's (DTEGn.DE: Quote) sale of T-Mobile USA to AT&T. [.EU]
* Asian stocks rose on bargain hunting after heavy losses last week and investors shrugged off Beijing's latest tightening move.
COMMODITY PRICE MOVES
* The Thomson Reuters-Jefferies CRB index .CRB, a global commodities benchmark, rose 0.97 percent in early trade.
* Oil prices rose by $2 a barrel as a wave of U.N.-mandated airstrikes on Libya and proliferating unrest in the Middle East fanned concerns about oil supply from the region. [O/R] Continued...