CANADA STOCKS-TSX futures rise on strong commodity prices

Reuters  |  Author 

Published May 11, 2018 07:59

CANADA STOCKS-TSX futures rise on strong commodity prices

May 11 (Reuters) - Canada's main stock index futures edged higher on Friday, helped by strong commodity prices on the back of a weaker U.S. dollar.

June futures on the S&P TSX index SXFc1 were up 0.19 percent at 7:45 a.m. ET.

Employment change data for April is due at 8:30 a.m. ET

The Toronto Stock Exchange's S&P/TSX .GSPTSE rose 48.69 points, or 0.31 percent, to 15,959.50. Jones Industrial Average e-mini futures 1YMc1 were up 0.23 percent at 7:45 a.m. ET, while S&P 500 e-mini futures ESc1 were up 0.21 percent and Nasdaq 100 e-mini futures NQc1 were up 0.16 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 STORIES TOP/CAN

Thomson Reuters Corp TRI.TO on Friday reported slightly higher-than-expected first-quarter sales and earnings, and forecast low single-digit growth in 2018 revenue in its remaining business. central bank, Toronto Stock Exchange operator TMX Group X.TO , and non-profit organization Payments Canada said on Friday that tests had shown blockchain technology can be used for automating instantaneous securities settlements. RESEARCH HIGHLIGHTS RCH/CA

Finning International Inc FTT.TO : Canaccord Genuity raises price target to C$38 from C$37

Telus Corp T.TO : Canaccord Genuity cuts price target to C$48 from C$49

WSP Global Inc WSP.TO : Canaccord Genuity raises price target to C$67 from C$62

COMMODITIES AT 7:45 a.m. ET COM/WRAP

Gold futures GCc2 : $1,325.3; +0.23 pct GOL/

U.S. crude CLc1 : $71.43; +0.1 pct O/R

Brent crude LCOc1 : $77.35; -0.15 pct O/R

LME 3-month copper CMCU3 : $6,907; -0.14 pct MET/L

U.S. ECONOMIC DATA DUE ON FRIDAY

0830 Import prices mm for Apr: Expected 0.5 pct; Prior 0.0 pct

0830 Export prices mm for Apr: Expected 0.3 pct; Prior 0.3 pct

1000 U Mich Sentiment Preliminary for May: Expected 98.5; Prior 98.8

1000 U Mich Conditions Preliminary for May: Expected 115.7; Prior 114.9

1000 U Mich Expectations Preliminary for May: Expected 88.0; Prior 88.4

1000 U Mich 1 year inflation preliminary for May: Prior 2.7 pct

1000 U Mich 5-year inflation preliminary for May: Prior 2.5 pct

1030 ECRI Weekly Index: Prior 150.0

1030 ECRI weekly annualized: Prior 4.1 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

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