Cyber Monday Deal: Up to 60% off InvestingProCLAIM SALE

CANADA STOCKS-Futures slightly higher; jobs report in focus

Published 2017-05-05, 07:31 a/m
© Reuters.  CANADA STOCKS-Futures slightly higher; jobs report in focus
XAU/USD
-
BARC
-
GC
-
HG
-
LCO
-
ESZ24
-
CL
-
1YMZ24
-
NQZ24
-
SXFc1
-
BNP
-
EMPa
-
HCG
-
HSE
-
AC
-
TH
-

May 5 (Reuters) - Canada's main stock index futures were slightly higher on Friday as investors awaited the monthly jobs report.

Statistics Canada's jobs report is expected to show that the economy added 10,000 jobs in April, while the unemployment rate is forecast to hold steady at 6.7 percent. This data, along with the IVEY Purchasing Managers Index, is due at 8:30 a.m. ET ECONCA .

June futures on the S&P TSX index SXFc1 were up 0.02 percent at 7:15 a.m. ET.

The Toronto Stock Exchange's S&P/TSX composite index fell almost 1 percent on Thursday as the country's heavyweight energy and mining sectors lost ground amid a drop in commodity prices and as investors digested a string of corporate earnings. Jones Industrial Average e-mini futures 1YMc1 were down 0.04 percent at 7:15 a.m. ET, while S&P 500 e-mini futures ESc1 were up 0.06 percent and Nasdaq 100 e-mini futures NQc1 were up 0.05 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

Air Canada AC.TO reported a quarterly loss that was much smaller than expected, as it flew more passengers, offseting a sharp rise in fuel costs. oil and gas producer Husky Energy Inc HSE.TO on Friday posted a quarterly profit that edged past analysts' estimates, helped by higher oil prices. Capital Group Inc HCG.TO named Alan Hibben to its board of directors, replacing Gerald Soloway, who has been accused by regulators of making "materially misleading statements" to investors. RESEARCH HIGHLIGHTS RCH/CA

Bonavista Energy BNP.TO : RBC raises rating to "outperform" from "sector perform"

Empire Company Ltd EMPa.TO : Barclays (LON:BARC) raises rating to "overweight" from "equal weight"

Theratechnologies TH.TO : Canaccord Genuity raises target to C$7.50; rating "speculative buy"

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

Gold futures GCc1 : $1233.3; +0.55 percent GOL/

US crude CLc1 : $45.34; -0.4 percent O/R

Brent crude LCOc1 : $48.33; -0.1 percent O/R

LME 3-month copper CMCU3 : $5549; +0.11 percent MET/L

U.S. ECONOMIC DATA DUE ON FRIDAY

0830 Non-farm payrolls for Apr: Expected 185,000; Prior 98,000

0830 Private payrolls for Apr: Expected 185,000; Prior 89,000

0830 Manufacturing payrolls for Apr: Expected 10,000; Prior 11,000

0830 Government payrolls for Apr: Prior 9,000

0830 Unemployment rate for Apr: Expected 4.6 pct; Prior 4.5 pct

0830 Average earnings mm for Apr: Expected 0.3 pct; Prior 0.2 pct

0830 Average workweek hours for Apr: Expected 34.4 hrs; Prior 34.3 hrs

0830 Labor force participation for Apr: Prior 63.0 pct

0830 U6 Underemployment for Apr: Prior 8.9 pct

1030 ECRI Weekly Index: Prior 143.2

1030 ECRI weekly annualized: Prior 5.9 pct

1500 Consumer credit for Apr: Expected 14.00 bln; Prior 15.21 bln

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$1.38)

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.