March 11, 2016 / 12:48 PM / a year ago

CANADA STOCKS-Futures higher as commodity prices rise

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March 11 (Reuters) - Stock futures pointed to a higher opening for Canada's main stock index on Friday, following a recovery in metal and crude oil prices.

March futures on the S&P TSX index were up 0.93 percent at 7:35 a.m. ET.

Canada's labor market report, due at 8:30 a.m. ET, is expected to show the economy added 9,000 jobs in February, offsetting the loss seen the month before. The unemployment rate is expected to remain at a two-year high of 7.2 percent .

Canada's main stock index fell in volatile trade on Thursday, just its second slip in 11 sessions, as investors looked past the European Central Bank's rate cuts and expansion of stimulus to focus on signals that there would be no further cuts.

Dow Jones Industrial Average e-mini futures were up 0.83 percent at 7:35 a.m. ET, while S&P 500 e-mini futures were up 0.92 percent and Nasdaq 100 e-mini futures were up 1.09 percent. (Morning News Call newsletter; The Day Ahead newsletter

Top Stories

Canadian department store operator Hudson's Bay Co plans to invest 1 billion euros ($1.12 billion) in its German chain Kaufhof over the next five to seven years, its chief executive told German business daily Handelsblatt.


Gold futures : $1,266.10; -0.46 pct

US crude : $38.67; +2.22 pct

Brent crude : $40.72; +1.67 pct

LME 3-month copper : $4,928.00; +0.78 pct

Analyst Research Highlights

AG Growth International : National Bank Financial raises to "outperform" rating

First Quantum : NBF raises rating to "outperform" from "sector perform"

Gaming Nation Inc : Canaccord Genuity cuts target to "speculative buy" from "buy"

u.s. Economic Data Due on Friday

0830 Import prices mm for Feb: Expected -0.6 pct; Prior -1.1 pct

0830 Export prices mm for Feb: Expected -0.5 pct; Prior -0.8 pct

1030 ECRI weekly leading index: Prior 129.2

1030 ECRI weekly annualized: Prior -3.5 pct

For Canadian Markets News, Click on Codes:

TSX market report

Canadian dollar and bonds report

Reuters global stocks poll for Canada

Canadian markets directory ($1= C$1.32) (Reporting by Riniki Sanyal in Bengaluru; Editing by Saumyadeb Chakrabarty)

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