CANADA STOCKS-Futures trend lower as oil prices ease
Reuters
_news_article_title_published Jul 19, 2016 07:31
CANADA STOCKS-Futures trend lower as oil prices ease
July 19 (Reuters) - Stock futures pointed to a modestly lower opening for Canada's main stock index on Tuesday as oil prices eased after rising stockpiles of crude and refined fuel intensified fears of another major supply glut. futures on the S&P TSX index SXFc1 were down 0.08 percent at 7:15 a.m. ET.
Canada's main stock index rose on Monday, led by consumer and railway stocks, as investor attention returned to corporate earnings after a failed military coup in Turkey late last week. major Canadian economic releases are scheduled for the day. ECONCA
Dow Jones Industrial Average e-mini futures 1YMc1 were down 0.04 percent at 7:15 a.m. ET, while S&P 500 e-mini futures ESc1 were down 0.24 percent and Nasdaq 100 e-mini futures NQc1 were up 0.25 percent. .N
(Morning News Call newsletter http://link.reuters.com/nex49s; The Day Ahead newsletter http://link.reuters.com/mex49s)
TOP STORIES TOP/CAN
Canada's Sun Life Financial Inc SLF.TO and Malaysian sovereign wealth fund Khazanah Nasional KHAZA.UL are in talks to buy the insurance business of Hong Leong Financial Group Bhd HLCB.KL , two banking sources said on Tuesday. AT 7:15 a.m. ET COM/WRAP
Gold futures GCc1 : $1,333.20; +0.36 pct GOL/
US crude CLc1 : $45.17; -0.15 pct O/R
Brent crude LCOc1 : $46.86; -0.21 pct O/R
LME 3-month copper CMCU3 : $4,956.50; +0.35 pct MET/L
ANALYST RESEARCH HIGHLIGHTS RCH/CA
Enerflex EFX.TO : National Bank Financial raises target price to C$14.50 from C$12.70
Rogers Communications Inc RCIb.TO : Citigroup (NYSE:C) raises target price to C$55 from C$51
Telus Corp T.TO : Citigroup raises target price to C$48 from C$46
U.S. ECONOMIC DATA DUE ON TUESDAY
0830 Building permits number for Jun: Expected 1.150 mln; Prior 1.136 mln
0830 Build permits change mm for Jun: Prior 0.5 pct
0830 Housing starts number mm for Jun: Expected 1.170 mln; Prior 1.164 mln
0830 House starts mm change for Jun: Prior -0.3 pct
0855 Johnson Redbook Index mm : Prior -0.3 pct
0855 Johnson Redbook Index yy: Prior 0.8 pct
FOR CANADIAN MARKETS NEWS, CLICK ON CODES:
TSX market report .TO
Canadian dollar and bonds report CAD/ CA/
Reuters global stocks poll for Canada EQUITYPOLL1 EPOLL/CA
Canadian markets directory CANADA ($1= C$1.30)
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