Kitco News collects and features the top financial, economic and geopolitical news from around the world. Kitco's aggregated sources include some of the top newswires in the world including the Association Press, Canadian Press, Japanese Economic Newswire, and United Press International.
Oct 16 - Futures for Canada's main stock index moved higher on Monday as copper prices rose, but worries over the ongoing crisis in the Middle East capped gains ahead of an earnings-heavy week.Materials stocks are expected to get a boost from copper prices edging upward on a weaker dollar, while gold drifted lower. Still, demand remained crucial for the safe-haven asset over the potential escalation of conflict in the Middle East.
All eyes will be on the results from major U.S. companies - includingh banks Goldman Sachs , Bank of America , Morgan Stanley , pharmaceutical giant Johnson & Johnson , electric automaker Tesla and video-streaming pioneer Netflix - through the week.
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