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CANADA STOCKS-Futures boosted by higher oil prices

Published 2016-11-22, 07:28 a/m
CANADA STOCKS-Futures boosted by higher oil prices
XAU/USD
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LCO
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ESU24
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CL
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1YMU24
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NQU24
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Nov 22 (Reuters) - Stock futures pointed to a higher opening for Canada's main stock index on Tuesday as oil prices rose due to a growing consensus that the OPEC would strike a deal to cut output.

December futures on the S&P TSX index SXFc1 were up 0.32 percent at 7:15 a.m. ET.

Retail sales data for September is due at 8:30 a.m. ET ECONCA

Canada's main stock index jumped to a 17-month high on Monday, led by a more than 3 percent gain for its energy sector as oil rallied ahead of an OPEC meeting next week. Jones Industrial Average e-mini futures 1YMc1 were up 0.25 percent at 7:15 a.m. ET, while S&P 500 e-mini futures Esc1 were up 0.26 percent and Nasdaq 100 e-mini futures NQc1 were up 0.40 percent. .N (Morning News Call newsletter http://link.reuters.com/nex49s; The Day Ahead newsletter http://link.reuters.com/mex49s)

TOP STORIES TOP/CAN

Canada's competition watchdog concluded on Monday that the country's largest stock exchange operator, TMX Group Ltd X.TO , did not violate anti-competitive rules despite its refusal to share private market data with a rival. will speed up plans to virtually eliminate traditional coal-fired electricity by 2030, the government said on Monday, a stance contrasting sharply with that of U.S. President-elect Donald Trump, who has pledged to revive the sector. AT 7:15 a.m. ET COM/WRAP

Gold futures GCc2 : $1,217.7; +0.61 pct GOL/

US crude CLc1 : $48.52; +0.30 pct O/R

Brent crude LCOc1 : $49.25; +0.50 pct O/R

LME 3-month copper CMCU3 : $5,634.50; +1.36 pct MET/L

ANALYST RESEARCH HIGHLIGHTS RCH/CA

Royal Bank of Canada RY.TO : TD Securities raises to "buy" from "hold".

Great Canadian Gaming Corp GC.TO : RBC raises to "outperform" from "sector perform".

U.S. ECONOMIC DATA DUE ON TUESDAY

0855 Redbook mm: Prior -0.1 pct

0855 Redbook yy: Prior 0.9 pct

1000 Existing home sales for Oct: Expected 5.43 mln; Prior 5.47 mln

1000 Existing home sales percentage change for Oct: Expected -0.5 pct; Prior 3.2 pct

1000 Rich Fed Composite Index for Nov: Prior -4

1000 Rich Fed, Services Index for Nov: Prior 7

1000 Rich Fed Manufacturing Shipments for Nov: Prior 2

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$1.34)

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