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CANADA STOCKS-TSX futures rise on higher crude prices

Published 2018-05-07, 07:35 a/m
CANADA STOCKS-TSX futures rise on higher crude prices
XAU/USD
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LCO
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ESM24
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CL
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1YMM24
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May 7 (Reuters) - Canada's main stock index futures rose on Monday, helped by oil prices that touched their highest levels since late-2014 on the back of Venezuela's deepening economic crisis.

June futures on the S&P TSX index SXFc1 were up 0.06 percent at 7:15 a.m. ET.

No major economic indicators are scheduled for release.

The Toronto Stock Exchange's S&P/TSX .GSPTSE rose 107.93 points, or 0.69 percent, to 15729.4 on Friday. Jones Industrial Average e-mini futures 1YMc1 were up 0.36 percent at 7:15 a.m. ET, while S&P 500 e-mini futures ESc1 were up 0.41 percent and Nasdaq 100 e-mini futures NQc1 were up 0.65 percent. .N

(Morning News Call newsletter http://share.thomsonreuters.com/assets/newsletters/Morning_News_Call/MNC_US.pdf ; The Day Ahead newsletter http://share.thomsonreuters.com/assets/newsletters/The_Day_Ahead/TDA_NAM.pdf)

TOP STORY TOP/CAN

Shareholders of Crescent Point Energy Corp CPG.TO voted to elect the Canadian energy producer's full slate of directors after a contentious battle with activist investor Cation Capital, Crescent spokeswoman Andrée Morier said on Friday. RESEARCH HIGHLIGHTS RCH/CA

Advantage Oil & Gas Ltd AAV.TO : Desjardins cuts target price to C$6 from C$7.50

AutoCanada Inc ACQ.TO : CIBC cuts to neutral from outperformer

Norbord Inc OSB.TO : CIBC raises price target to C$56 from C$53

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

Gold futures GCc2 : $1,312.7; -0.15 pct GOL/

U.S. crude CLc1 : $70.44; +1.03 pct O/R

Brent crude LCOc1 : $75.6; +0.98 pct O/R

LME 3-month copper CMCU3 : $6,845; +0.26 pct MET/L

U.S. ECONOMIC DATA DUE ON MONDAY

1000 Employment Trends for Apr: Prior 107.7

1500 Consumer credit for Mar: Expected $16.50 bln; Prior $10.60 bln

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$1.29)

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