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TSX futures down on lower oil prices

Published 2019-09-03, 07:25 a/m
© Reuters.  CANADA STOCKS-TSX futures down on lower oil prices
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Sep 3 (Reuters) - Futures for Canada's main stock index were down on Tuesday, as oil prices fell due to the ongoing U.S.-China trade dispute as well as rising OPEC and Russian oil output.

September futures on the S&P/TSX index SXFc1 were down 0.22% at 7:15 a.m. ET.

Canada's Markit manufacturing data is due at 09:30 a.m. ET

The Toronto Stock Exchange S&P/TSX composite index .GSPTSE closed up 57.58 points, or 0.35 percent, at 16,442.07 on Friday. Jones Industrial Average e-mini futures 1YMc1 were down 0.79% at 7:15 a.m. ET, while S&P 500 e-mini futures ESc1 were down 0.74% and Nasdaq 100 e-mini futures NQc1 were down 0.84%. .N

TOP STORIES TOP/CAN

Greece's new conservative government will soon issue permits for Canadian miner Eldorado Gold's ELD.TO development in northern Greece, its energy ministry said on Monday. Inc ENB.TO said it reached an agreement with shippers to place the Canadian portion of the Line 3 replacement pipeline into service by the end of this year. retailer Hudson's Bay HBC.TO will close its Dutch stores by the end of 2019, laying off some 1,400 employees, the Dutch business daily Financieel Dagblad reported on Saturday. RESEARCH HIGHLIGHTS RCH/CA

AltaGas Canada Inc ACI.TO : JPMorgan (NYSE:JPM) raises target price to C$23 from C$22

Cronos Group Inc CRON.TO : Cowen and Company cuts target price to C$17 from C$21

Denison Mines Corp DML.TO : Eight Capital raises target price to C$1.80 from C$1.70

COMMODITIES AT 7:15 a.m. ET COM/WRAP

Gold futures GCc2 : $1532.4; +0.62 percent GOL/

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US crude CLc1 : $54.07; -1.87 percent O/R

Brent crude LCOc1 : $57.76; -1.53 percent O/R

U.S. ECONOMIC DATA DUE ON TUESDAY

0945 Markit Manufacturing PMI Final for Aug: Prior 49.9

1000 Construction spending mm for Jul: Expected 0.3%; Prior -1.3%

1000 ISM Manufacturing PMI for Aug: Expected 51.1; Prior 51.2

1000 ISM Manufacturing Prices Paid for Aug: Expected 45.8; Prior 45.1

1000 ISM Manufacturing Employment Index for Aug: Prior 51.7

1000 ISM Manufacturing New Orders Index for Aug: Prior 50.8

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$1.33)

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