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CANADA STOCKS-Futures flat, U.S.-China trade tensions ease

Published 2018-09-19, 07:20 a/m
Updated 2018-09-19, 07:30 a/m
© Reuters.  CANADA STOCKS-Futures flat, U.S.-China trade tensions ease

Sept 19 (Reuters) - Stock futures pointed to a flat opening for Canada's main stock index on Tuesday, with investors betting that the escalating U.S.-China trade spat would inflict less damage than feared.

September futures on the S&P/TSX index SXFc1 were down 0.01 percent at 6:55 a.m. ET.

The Toronto Stock Exchange's S&P/TSX .GSPTSE rose 113.73 points, or 0.71 percent, to 16,196.04 on Tuesday. Jones Industrial Average e-mini futures 1YMc1 were up 0.08 percent at 6:55 a.m. ET, while S&P 500 e-mini futures ESc1 were down 0.03 percent and Nasdaq 100 e-mini futures NQc1 were up 0.01 percent. .N

TOP STORIES TOP/CAN

Eldorado Gold Corp ELD.TO said on Tuesday it would seek 750 million euros ($877 million) from Greece for damages the Canadian miner said it suffered due to delays in the issuance of permits for its Skouries project. RESEARCH HIGHLIGHTS RCH/CA

Canfor Corp CFP.TO CIBC cuts price target to C$33 from C$37

Interfor Corp IFP.TO CIBC cuts to neutral from outperform

West Fraser Timber Co Ltd WFT.TO CIBC cuts to neutral from outperformer

COMMODITIES AT 6:55 a.m. ET COM/WRAP

Gold futures GCc2 : $1,207.7; +0.45 pct GOL/

US crude CLc1 : $69.39; +0.01 pct O/R

Brent crude LCOc1 : $79.85; -0.09 pct O/R

U.S. ECONOMIC DATA DUE ON WEDNESDAY

0830 Current account for Q2: Expected -103.5 bln; Prior -124.1 bln

0830 Building permits: number for Aug: Expected 1.310 mln; Prior 1.303 mln

0830 Build permits: change mm for Aug: Prior 0.9 pct

0830 Housing starts number for Aug: Expected 1.235 mln; Prior 1.168 mln

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0830 House starts mm: change for Aug: Prior 0.9 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$1.30) ( Reporting by Pradip Kakoti in Bengaluru; Editing by Arun Koyyur)

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