CANADA STOCKS-Futures lower as GDP data awaited

Published 2018-09-28, 07:21 a/m
CANADA STOCKS-Futures lower as GDP data awaited
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Sept 28 (Reuters) - Stock futures pointed to a lower opening for Canada's main stock index on Friday, ahead of gross domestic product data that will shed light on the health of the economy.

The economy is expected to show a 0.1 percent expansion in July. Producer price data for August is also scheduled for release. futures on the S&P/TSX index SXFc1 were down 0.41 percent at 6:55 a.m. ET.

The Toronto Stock Exchange's S&P/TSX .GSPTSE rose 35.34 points, or 0.22 percent, to 16,204.62 on Thursday. Jones Industrial Average e-mini futures 1YMc1 were down 0.22 percent at 6:55 a.m. ET, while S&P 500 e-mini futures ESc1 were down 0.27 percent and Nasdaq 100 e-mini futures NQc1 were up/down 0.19 percent. .N

TOP STORIES TOP/CAN

Canada on Thursday shrugged off U.S. President Donald Trump's criticism that talks to modernize NAFTA were moving too slowly and made clear it had to keep negotiating as long as there was a chance of success. Bank of Canada will continue to raise interest rates gradually, Governor Stephen Poloz said on Thursday, stressing that despite economic uncertainties, the bank did not want to let inflation momentum build. AT 6:55 a.m. ET COM/WRAP

Gold futures GCc2 : $1,187.7; +0.04 pct GOL/

US crude CLc1 : $72.39; +0.04 pct O/R

Brent crude LCOc1 : $82.85; +0.40 pct O/R

U.S. ECONOMIC DATA DUE ON FRIDAY

0830 Personal consumption real mm for Aug: Prior 0.2 pct

0830 Personal income mm for Aug: Expected 0.4 pct; Prior 0.3 pct

0830 Consumption, adjusted mm for Aug: Expected 0.3 pct; Prior 0.4 pct

0830 Core PCE price index mm for Aug: Expected 0.1 pct; Prior 0.2 pct

0830 Core PCE price index yy for Aug: Expected 2 pct; Prior 2 pct

0830 PCE price index mm for Aug: Prior 0.1 pct

0830 PCE price index yy for Aug: Prior 2.3 pct

0945 Chicago PMI for Sep: Expected 62.5; Prior 63.6

1000 U Mich Sentiment Final for Sep: Expected 100.8; Prior 100.8

1000 U Mich Conditions Final for Sep: Prior 116.1

1000 U Mich Expectations Final for Sep: Prior 91.1

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$1.28)

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