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(Reuters) – Canadian stock futures rose on Tuesday, steered by higher oil and bullion prices, while fresh coronavirus-led lockdowns across Europe worried investors about its economic damage. Brent crude futures and U.S. West Texas Intermediate crude futures gained 1.89% and 1.91%, respectively, after it emerged that the OPEC+ group is studying a possible production cut in February, according to a document. Spot gold gained 0.21% on a weaker dollar. March futures on the S&P/TSX index were up 0.12% at 7:00 a.m. ET. Data on Canada’s producer prices and raw materials prices for November is due at 8:30 a.m. ET The Toronto Stock Exchange’s S&P/TSX composite index ended 0.54% higher at 17,528.23 on Monday. [.TO] Dow Jones Industrial Average e-mini futures were up 0.06% at 7:00 a.m. ET, while S&P 500 e-mini futures gained 0.07% and Nasdaq 100 e-mini futures rose 0.03%. [.N] TOP STORIES [TOP/CAN] Eight Canadian politicians resigned or were demoted on Monday after travelling internationally over the Christmas holidays despite urgings from government officials to avoid non-essential trips during the COVID-19 pandemic. ANALYST RESEARCH HIGHLIGHTS [RCH/CA] Marathon Gold Corp: TD Securities raises target price to C$4 from C$3.25 Canacol Energy: JP Morgan cuts target price to C$6 […]
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