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CANADA STOCKS-TSX futures muted as caution prevails

Published 2021-03-25, 07:31 a/m
© Reuters.
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March 25 (Reuters) - Canada's main stock index futures were subdued on Thursday, as gains were limited by concerns over renewed coronavirus lockdowns in Europe.

Sentiment in wider financial markets remained weak as investors grew wary about the economic outlook following a new round of coronavirus restrictions in the euro zone and potential U.S. tax hikes.

March futures on the S&P/TSX index SXFc1 were up 0.2% at 7:00 a.m. ET.

The Toronto Stock Exchange's S&P/TSX composite index .GSPTSE ended 0.22% lower at 18,628.29 on Wednesday.

Dow Jones Industrial Average e-mini futures 1YMc1 were up 0.17% at 7:00 a.m. ET. S&P 500 e-mini futures ESc1 were up 0.21% and Nasdaq 100 e-mini futures NQc1 were up 0.31%. .N

TOP STORIES TOP/CAN

Ontario, Canada's most populous province, forecast on Wednesday its budget deficit would narrow in the upcoming fiscal year and return to balance in 2029-30 as the economy rebounds from the coronavirus crisis. RESEARCH HIGHLIGHTS RCH/CA

Automotive Properties REIT APR_u.TO : CIBC raises target price to C$12.5 from C$11

Boyd Group Services Inc BYD.TO : CIBC raises target price to C$250 from C$239

George Weston Ltd WN.TO : CIBC raises target price to C$131 from C$122

COMMODITIES AT 7:00 a.m. ET

Gold futures GCc2 : $1728.7; -0.25% GOL/

US crude CLc1 : $60.39; -1.26% O/R

Brent crude LCOc1 : $63.8; -0.98% O/R

U.S. ECONOMIC DATA DUE ON THURSDAY

0830 GDP final for Q4: Expected 4.1%; Prior 4.1%

0830 GDP sales final for Q4: Expected 3.0%; Prior 3.0%

0830 GDP cons spending final for Q4: Prior 2.4%

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

0830 GDP deflator final for Q4: Expected 2.0%; Prior 2.0%

0830 Core PCE prices final for Q4: Expected 1.4%; Prior 1.4%

0830 PCE prices final for Q4: Expected 1.5%; Prior 1.6%

0830 Initial jobless claim : Expected 730,000; Prior 770,000

0830 Jobless clm 4week average : Prior 746,250

0830 Cont jobless claim : Expected 4.043mln; Prior 4.124 mln

1100 KC Fed Manufacturing for Mar : Prior 26

1100 KC Fed Composite Index for Mar : Prior 24

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$1.26)

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