Canada's main stock index futures were higher on Wednesday, as oil prices steadied on hopes that a meeting between OPEC members and allied producers on Thursday will trigger output cuts.
June futures on the S&P/TSX index SXFc1 were up 0.22% at 7:00 a.m. ET.
Canadian housing starts and building permits data is due at 8:30 a.m. ET.
The Toronto Stock Exchange's S&P/TSX .GSPTSE closed up 0.16% at 13,614.14 on Tuesday. Jones Industrial Average e-mini futures 1YMc1 were up 0.47% at 7:00 a.m. ET, while S&P 500 e-mini futures ESc1 were up 0.44% and Nasdaq 100 e-mini futures NQc1 were up 0.6%. .N
TOP STORIES TOP/CAN
More than two dozen employees of Denver-based shale producer Ovintiv Inc OVV.TO sent form letters this week to Texas energy regulators opposing any state-mandated oil production cuts in the face of plunging energy prices. RESEARCH HIGHLIGHTS RCH/CA
Laurentian Bank of Canada LB.TO : Canaccord Genuity cuts target price to C$23 from C$32
Marathon Gold Corp MOZ.TO : National Bank of Canada raises price target to C$2.50 from C$2.25
Uni-Select Inc UNS.TO : BMO cuts target price to C$5 from C$12
COMMODITIES AT 7:00 a.m. ET
Gold futures GCc2 : $1,675; +0.14% GOL/
US crude CLc1 : $24.4; +3.26% O/R
Brent crude LCOc1 : $31.96; +0.28% O/R
U.S. ECONOMIC DATA DUE ON WEDNESDAY
1200 TR IPSOS PCSI for Apr: Prior 60.10
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($1= C$1.40)