Sept 23 (Reuters) - Futures tied to Canada's main stock index edged higher on Tuesday, a day after gold miners lifted the TSX to a fresh record high.
Futures for the S&P/TSX index .SXFcv1 added 0.2% to 1,774.40 points by 6:07 a.m. ET (1007 GMT), with the benchmark index .GSPTSE having been on a record rally this year.
Data showed on Monday that prices of raw materials fell 0.6% in August, while producer prices rose 0.5%, driven by higher prices of chemicals as well as meat, fish and poultry.
Meanwhile, Canada's banking regulator said it wants the country's biggest financial institutions to take "smart" risks to expand their lending and that it is open to capital rules adjustments to facilitate that goal.
The Bank of Canada last Wednesday cut its benchmark interest rate by a quarter point, focusing on a weakening labour market and saying it was less worried about underlying inflationary pressures.
Canada's top six banks, which control almost 90% of the market, hold excess capital of about C$70 billion ($50.6 billion) combined, according to Reuters calculations, after meeting the 11.5% requirement.
In corporate news, TD Bank TD.TO named JPMorgan veteran Jon Rasmussen as its U.S. chief compliance officer, according to a memo seen by Reuters.
The Trump administration was re-evaluating Lithium Americas' LAC.TO $2.3 billion loan for the development of a Nevada lithium deposit, a Bloomberg report said. American-listed shares of the company LAC.N dropped almost 4% in premarket trading.
In commodities, gold XAU= hit a fresh record high on bets of further U.S. rate cuts, while copper CMCU3 edged higher on supply concerns. Oil prices LCOc1, CLc1 rose.
($1 = 1.3822 Canadian dollars)
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