CANADA STOCKS-Futures set to open higher as oil gains

July 19 (Reuters) – Futures pointed to a higher opening for
Canada’s main stock index on Wednesday as oil prices inched
higher.

September futures on the S&P TSX index were up 0.15
percent at 7:15 a.m. ET.

Manufacturing sales data is due at 8:30 a.m. ET.

Canada’s benchmark stock index edged lower on Tuesday as
financials and industrials led declines, but the TSX climbed off
its lows for the session as higher oil prices boosted energy
shares.

Dow Jones Industrial Average e-mini futures were
down 0.06 percent at 7:15 a.m. ET, while S&P 500 e-mini futures
were up 0.04 percent and Nasdaq 100 e-mini futures
were up 0.24 percent.

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

ANALYST RESEARCH HIGHLIGHTS

CRH Medical Corp: TD Securities cuts rating to
“hold” from “buy”

Dominion Diamond Corp: Paradigm Capital revises
rating to “tender” from “buy”

COMMODITIES AT 7:15 a.m. ET

Gold futures: $1,240.10; -0.08 pct

US crude: $46.56; +0.34 pct

Brent crude: $49.09; +0.51 pct

LME 3-month copper: $5,991.50; -0.26 pct

U.S. ECONOMIC DATA DUE ON WEDNESDAY

08:30 Building permits – number for June: Expected 1.200
mln; Prior 1.168 mln

08:30 Build permits – change mm for June: Prior -4.9 pct

08:30 Housing starts – number mm for June: Expected 1.155
mln; Prior 1.092 mln

08:30 Housing starts – change mm for June: Prior -5.5 pct

FOR CANADIAN MARKETS NEWS, CLICK ON CODES:

TSX market report

Canadian dollar and bonds report

Reuters global stocks poll for Canada

Canadian markets directory
($1= C$1.26)

(Reporting by Riniki Sanyal in Bengaluru; Editing by Sriraj
Kalluvila)

Leave a Reply

Your email address will not be published.