an early e-mail of Reuters Morning News Call - Canada -- COMMODITY PRICE MOVES

* The Thomson Reuters-Jefferies CRB index .CRB, a global commodities benchmark, fell 1.41 percent in early trade.

* Oil fell more than $3 a barrel as concern over economic growth spread after Standard & Poor's cut the United States' top-tier credit rating and European central banks struggled to contain a deepening debt crisis. [O/R]

* The gold price was set for its second largest daily gain this year after the respective pledges by the G7 and the European Central Bank to quell the turbulence in the financial markets did nothing to put investors at ease. [GOL/]

* Copper fell to a five-week low, after a downgrade to the United States' credit rating intensified fears of a global slowdown which could cut into copper demand, but European Central Bank bond buying soothed investors' nerves for now. [MET/L]

CANADIAN STOCKS TO WATCH

* Silver Wheaton Corp. (SLW.TO): The company reported a nearly ten-times jump in second-quarter profit mainly due to higher silver and gold prices, and said its 2015 attributable production forecast remains unchanged. [ID:nL3E7J81LA]

* HudBay Minerals Inc. (HBM.TO): The miner said it would sell its Fenix ferro-nickel project in Guatemala to Russia's Solway Group for $170 million in cash. [ID:nL3E7J54R5]

* HudBay Minerals Inc. (HBM.TO) price target cut to C$21.50 from $23 at CIBC