Dec 21 (Reuters) - Stock futures pointed to a higher start
for Canada's main stock index on Monday, the first day of a
holiday-shortened week, mirroring the trend in most global
equity markets.
March futures on the S&P TSX index SXFc1 were up 1.02
percent at 7:30 a.m. ET.
No major economic events are scheduled for the day ECONCA .
Canada's main stock index inched higher on Friday as the
energy sector gained despite slipping oil prices, offsetting the
impact of weakness in financial stocks as investors also scooped
up shares that have taken a beating recently.
Dow Jones Industrial Average e-mini futures 1YMc1 were up
0.75 percent at 7:30 a.m. ET, while S&P 500 e-mini futures
Esc1 were up 0.87 percent and Nasdaq 100 e-mini futures NQc1
were up 0.89 percent. .N
(Morning News Call newsletter http://link.reuters.com/nex49s;
The Day Ahead newsletter http://link.reuters.com/mex49s)
TOP STORIES TOP/CAN
The Canadian dollar and the price of oil move "like a pair
of train tracks" and trying to stop exchange rates from shifting
could hinder the economy's ability to absorb shocks, Bank of
Canada Governor Stephen Poloz said on Friday.
COMMODITIES AT 7:30 a.m. ET COM/WRAP
Gold futures GCc2 : $1,070.40; +0.39 pct GOL/
US crude CLc1 : $34.35; -1.09 pct O/R
Brent crude LCOc1 : $36.36; -1.41 pct O/R
LME 3-month copper CMCU3 : $4,727; +0.90 pct MET/L
ANALYST RESEARCH HIGHLIGHTS RCH/CA
Canadian Pacific Railway Ltd CP.TO : Barclays (L:BARC) cuts price
target to C$190 from C$210
CGI Group Inc GIBa.TO : Jefferies raises price target to
C$55 from C$54; rating "hold"
Klondex Mines Ltd KDX.TO : Paradigm starts coverage with
"buy" rating
U.S. ECONOMIC DATA DUE ON MONDAY
0830 National Activity Index for Nov: Prior -0.04
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$1.40)