TSX eyes higher open as commodity prices gain; focus on economic data

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TSX eyes higher open as commodity prices gain; focus on economic data
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(Reuters) - Futures tracking Canada's resources-heavy stock index climbed on Friday as prices of most metals and crude rose, while investors awaited ...

STORY CONTINUES BELOW THESE SALTWIRE VIDEOS - Futures tracking Canada's resources-heavy stock index climbed on Friday as prices of most metals and crude rose, while investors awaited more economic data at home and abroad to gauge the path of monetary policy path.

Crude prices rose over 1% on tightening supplies and expectations that the OPEC+ group of oil producers would extend output cuts to the end of the year. [O/R] Markets will also be tracking U.S. monthly payrolls due later in the day, which will be crucial in assessing the state of the world's biggest economy and shaping expectations around the Federal Reserve's monetary tightening plans.

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