April 8 (Reuters) - Canadian stock futures were higher on
Friday as oil prices rose on fresh hopes that exporters would
agree to freeze their output amid a global glut at a meeting in
Doha later this month.
June futures on the S&P TSX index SXFc1 were up 0.5
percent at 7:30 a.m. ET.
March jobs data and House Starts data for March is due at
08:30 a.m. ET ECONCA
Canada's main stock index fell to a one-month low on
Thursday as lower oil prices weighed on energy stocks, while
financials and consumer discretionary stocks also lost ground as
investor appetite for risk waned globally.
Dow Jones Industrial Average e-mini futures 1YMc1 were up
0.45 percent at 7:30 a.m. ET, while S&P 500 e-mini futures
ESc1 were up 0.54 percent and Nasdaq 100 e-mini futures NQc1
were up 0.56 percent. .N
(Morning News Call newsletter http://link.reuters.com/nex49s;
The Day Ahead newsletter http://link.reuters.com/mex49s)
TOP STORIES TOP/CAN
TransCanada Corp TRP.TO said on Thursday about 400 barrels
could have spilled in South Dakota from its 590,000
barrel-per-day Keystone crude oil pipeline.
Fairfax India Holdings Corp FIHu.TO , part of Canadian
billionaire Prem Watsa's Fairfax Holdings, said it would invest
$300 million in privately held Indian petrochemical company
Sanmar Chemicals Group through a combination of equity and
fixed-income securities. AT 7:30 a.m. ET COM/WRAP
Gold futures GCc1 : $1,235.4; -0.06 pct GOL/
US crude CLc1 : $38.56; +3.49 pct O/R
Brent crude LCOc1 : $40.66; +3.12 pct O/R
LME 3-month copper CMCU3 : $4637; -0.3 pct MET/L
ANALYST RESEARCH HIGHLIGHTS RCH/CA
Great-West Lifeco Inc GWO.TO : Barclays (LON:BARC) raises target price
to C$36 from C$35
Cenovus Energy Inc CVE.TO : Barclays raises target price to
C$18 from C$17
Husky Energy Inc HSE.TO : Barclays raises target price to
C$21 from C$17
Manulife Financial Corp MFC.TO : Barclays cuts target price
to C$21 from C$22
Sun Life Financial Inc SLF.TO : Barclays raises target
price to C$45 from C$44
Suncor Energy Inc SU.TO : Barclays raises target price to
C$43 from C$40
First Quantum Minerals FM.TO : NBF cuts target price to
C$9.50 from C$11
Imperial Oil Ltd IMO.TO : Barclays raises target price to
C$45 from C$43
Lundin Mining Corp LUN.TO : National Bank Financial cuts
target to C$4.75 from C$5.25
Teck Resources Ltd TCKb.TO : Nomura raises target price to
C$8.50 from C$6
Air Canada AC.TO : CIBC cuts target price to C$12 from C$15
U.S. ECONOMIC DATA DUE ON FRIDAY
1000 Wholesale inventories mm for Feb: Expected -0.1 pct;
Prior 0.2 pct
1000 Wholesale sales mm for Feb: Expected 0.0 pct; Prior
-1.7 pct
1030 ECRI Weekly Index: Prior 133.0
1030 ECRI weekly annualized: Prior 0.7 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
Canadian markets directory CANADA
($1 = C$1.31)