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CANADA STOCKS-Futures drop as oil tumbles over Brexit worries

Published 2016-06-14, 07:18 a/m
CANADA STOCKS-Futures drop as oil tumbles over Brexit worries
XAU/USD
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GS
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GC
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HG
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LCO
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ESM24
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CL
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1YMM24
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NQM24
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SXFc1
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BHC
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0P6E
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CG
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CNQ
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June 14 (Reuters) - Stock futures pointed to a lower opening
for Canada's main stock index on Tuesday, as oil prices fell
more than 1 percent following investor concerns over next week's
vote on Britain's future in the European Union.
June futures on the S&P TSX index SXFc1 were down 0.22
percent at 7:15 a.m. ET.
No major economic events are scheduled for the day.
Canada's main stock index fell for the fourth straight day
on Monday, hitting a nearly three-week low as global jitters
about whether Britain will vote to leave the European Union
weighed, but losses were restrained by gains in resource stocks.

Dow Jones Industrial Average e-mini futures 1YMc1 were
down 0.19 percent at 7:15 a.m. ET, while S&P 500 e-mini futures
ESc1 were down 0.23 percent and Nasdaq 100 e-mini futures
NQc1 were down 0.30 percent.

TOP STORIES
The new chief executive of Valeant Pharmaceuticals (NYSE:VRX)
International Inc VRX.TO , Joe Papa, will appear before
investors at the company's annual meeting for the first time on
Tuesday, likely facing hard questions after months of bad news
torpedoed its stock.
Kyrgyz President Almazbek Atambayev ordered state
prosecutors on Tuesday to review the legality of agreements
signed with Canada's Centerra Gold CG.TO in 2003-2004 and
2009, his office said in a statement. AT 7:15 a.m. ET COM/WRAP
Gold futures GCc1 : $1,280.60; -0.30 pct GOL/
US crude CLc1 : $48.19; -1.41 pct O/R
Brent crude LCOc1 : $49.64; -1.41 pct O/R
LME 3-month copper CMCU3 : $4,523.00; -0.75 pct MET/L

ANALYST RESEARCH HIGHLIGHTS
Canadian Natural Resources Ltd CNQ.TO : RBC raises target
to C$50 from C$43
First Quantum Minerals Ltd FM.TO : Goldman Sachs (NYSE:GS) reinstates
coverage with "sell" rating

U.S. ECONOMIC DATA DUE ON TUESDAY
0830 Import prices mm for May: Expected 0.7 pct; Prior 0.3
pct
0830 Export prices mm for May: Expected 0.3 pct; Prior 0.5
pct
0830 Retail sales mm for May: Expected 0.3 pct; Prior 1.3
pct
0830 Retail sales ex-autos mm for May: Expected 0.4 pct;
Prior 0.8 pct
0830 Retail ex gas/autos for May: Prior 0.6 pct
0830 Retail control for May: Expected 0.3 pct; Prior 0.9 pct
0855 Redbook mm: Prior -1.0 pct
0855 Redbook yy: Prior 0.6 pct
1000 Business inventories mm for Apr: Expected 0.2 pct;
Prior 0.4 pct


($1= C$1.28)

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