Canadian Market May Open On Positive Note

India, July 6 -- Canadian stocks are likely to open on a positive note on Monday as materials stocks may move higher on firm precious metals prices.

On the economic front, PMI reading on Canadian services sector activity for the month of June is due at 9:30 AM ET.

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In commodities, West Texas Intermediate Crude oil futures are down $0.25 or nearly 0.4% at $68.44 a barrel.

Gold futures are up $41.80 or 1% at $4,167.50 an ounce, while Silver futures are gaining $1.496 or 2.45% at $62.560 an ounce.

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Published by HT Digital Content Services with permission from RTT News....