TSX futures edge up after US and EU trade deal
Futures on the S&P/TSX index were up 0.2% at 1,639 points by 06:08 a.m. ET (1008 GMT). The benchmark had closed at a record high on Friday.
The U.S. struck a framework trade agreement with the EU on Sunday, imposing a 15% tariff on most EU goods and requiring the bloc to invest around $600 billion in the U.S.
Canada and other countries are also looking to finalize trade deals before the August 1 deadline. The U.S. and China will resume talks in Stockholm on Monday, aiming to extend a truce between the world's top two global economies by 90 days.
Oil prices edged higher in the day, while gold steadied and metal prices lost ground.
First National Financial said on Sunday it had reached an agreement to be acquired by private equity firm Birch Hill Equity Partners and asset manager Brookfield Asset Management in a deal valuing the company's equity at C$2.9 billion ($2.12 billion).
This week, investors will closely monitor policy decisions from the U.S. Federal Reserve and the Bank of Canada, as well as earnings from some "Magnificent Seven" companies.
FOR CANADIAN MARKETS NEWS, CLICK ON CODES:
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Canadian dollar and bonds report [CAD/] [CA/]
Reuters global stocks poll for Canada
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