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CANADA STOCKS-TSX futures higher as oil prices rise

Published 2017-10-16, 07:30 a/m
© Reuters.  CANADA STOCKS-TSX futures higher as oil prices rise
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Oct 16 (Reuters) - Futures for Canada's main stock index edged higher on Monday as oil prices rose after fighting escalated between Iraqi and Kurdish forces, raising concerns over oil exports from Iraq.

Iraqi forces captured several positions south of the oil-rich city of Kirkuk from Kurdish fighters on Monday. The city is part of a region that declared itself independent at a referendum last month. futures on the S&P TSX index SXFc1 were up 0.06 percent at 7:15 a.m. ET.

Securities data for August is due at 08:30 a.m. ET. ECONCA

Canada's main stock index climbed for the fifth straight week on Friday as bank stocks advanced and shares of energy and resource companies rose alongside oil and gold prices. Jones Industrial Average e-mini futures 1YMc1 were up 0.05 percent at 7:15 a.m. ET, while S&P 500 e-mini futures ESc1 were up 0.02 percent and Nasdaq 100 e-mini futures NQc1 were up 0.09 percent. .N

(Morning News Call newsletter http://share.thomsonreuters.com/assets/newsletters/Morning_News_Call/MNC_US.pdf ; The Day Ahead newsletter http://share.thomsonreuters.com/assets/newsletters/The_Day_Ahead/TDA_NAM.pdf)

TOP STORIES TOP/CAN

Canadian train-and-plane maker Bombardier Inc BBDb.TO is exploring options for its aerospace businesses, including a sale of some operations, Bloomberg reported on Sunday. RESEARCH HIGHLIGHTS RCH/CA

Restaurant Brands International Inc QSR.TO : Morgan Stanley (NYSE:MS) raises price target to $62 from $57

COMMODITIES AT 7:15 a.m. ET COM/WRAP

Gold futures GCcv1 : $1307.9; +0.26 pct GOL/

US crude CLc1 : $52.16; +1.38 percent O/R

Brent crude LCOc1 : $58; +1.45 percent O/R

LME 3-month copper CMCU3 : $7091.5; +3.04 percent MET/L

U.S. ECONOMIC DATA DUE ON MONDAY

0830 NY Fed Manufacturing for Oct: Expected 20.70; Prior 24.40

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$1.25)

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