July 8 (Reuters) - Stock futures indicated a higher start
for Canada's main stock index on Friday as oil prices bounced
back from two-month lows hit in the previous session and
investors awaited jobs data.
Canada's monthly employment data is due at 8:30 a.m. ET.
Canada is estimated to have added 5,000 jobs in June,
compared with 13,800 in May, and unemployment rate is expected
to have risen to 7.0 percent from 6.9 percent. ECONCA
September futures on the S&P TSX index SXFc1 were up 0.38
percent at 7:15 a.m. ET.
The Toronto Stock Exchange's S&P/TSX composite index fell on
Thursday as gold miners retreated following their sharp rally
since Britain's vote to leave the European Union and as a
reversal in oil prices weighed on energy companies.
Dow Jones Industrial Average e-mini futures 1YMc1 were up
0.20 percent at 7:15 a.m. ET, while S&P 500 e-mini futures
ESc1 were up 0.25 percent and Nasdaq 100 e-mini futures NQc1
were up 0.17 percent. .N
(Morning News Call newsletter http://link.reuters.com/nex49s;
The Day Ahead newsletter http://link.reuters.com/mex49s)
TOP STORIES TOP/CAN
Video conferencing equipment maker Polycom Inc PLCM.O said
it agreed to be bought by private equity firm Siris Capital
Group for about $1.7 billion, ending a deal with Canada's Mitel
Networks Corp MNW.TO .
Average daily trading volumes on currency trading platforms
run by Thomson Reuters TRI.TO jumped 14 percent in June to
their highest since March 2015, the company said, helped by a
surge in flows following Britain's shock vote to leave the EU.
AT 7:15 a.m. ET COM/WRAP
Gold futures GCc1 : $1,356.40; -0.27 pct GOL/
US crude CLc1 : $45.67; +1.17 pct O/R
Brent crude LCOc1 : $46.92; +1.12 pct O/R
LME 3-month copper CMCU3 : $4,713; +0.55 pct MET/L
ANALYST RESEARCH HIGHLIGHTS RCH/CA
Cogeco Communications Inc CCA.TO : RBC cuts rating to
"sector perform" from "outperform"
First Quantum Minerals Ltd FM.TO : Berenberg cuts rating to
"sell" from "hold"
Sandvine Corp SVC.TO : CIBC raises target price to C$3.50
from C$3.25
U.S. ECONOMIC DATA DUE ON FRIDAY
0830 Non-Farm payrolls for Jun: Expected 175,000; Prior
38,000
0830 Private payrolls for Jun: Expected 170,000; Prior
25,000
0830 Manufacturing payrolls for Jun: Expected 0; Prior
-10,000
0830 Government payrolls for Jun: Prior 13,000
0830 Unemployment rate for Jun: Expected 4.8 pct; Prior 4.7
pct
0830 Average earnings mm for Jun: Expected 0.2 pct; Prior
0.2 pct
0830 Average workweek hours for Jun: Expected 34.4 hrs;
Prior 34.4 hrs
0830 Labor force participation for Jun: Prior 62.6 pct
0830 U6 Underemployment for Jun: Prior 9.7 pct
1030 ECRI Weekly Index: Prior 136.4
1030 ECRI weekly annualized: Prior 7.2 pct
1500 Consumer credit for May: Expected $16.00 bln; Prior
$13.42 bln
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Canadian markets directory CANADA
($1= C$1.30)