Jan 5 (Reuters) - Stock futures pointed to a lower opening
for Canada's main stock index on Tuesday as weakness in China's
markets continued to weigh on investors' sentiment.
March futures on the S&P TSX index SXFc1 were down 0.48
percent at 7:15 a.m. ET.
Statistics Canada is scheduled to report producer prices
data for November at 8:30 a.m. ET.
Canada's main stock index fell on Monday, weighed down by
financial, consumer and industrial stocks as a slump in Chinese
shares and weak economic data spooked investors in the first
session of 2016.
Dow Jones Industrial Average e-mini futures 1YMc1 were
down 0.71 percent at 7:15 a.m. ET, while S&P 500 e-mini futures
Esc1 were down 0.70 percent and Nasdaq 100 e-mini futures
NQc1 were down 0.66 percent.
TOP STORIES
Canada's Manulife Financial Corp MFC.TO is looking to
revive a plan to list a real estate investment trust in
Singapore this year after an initial public offering was shelved
last year due to poor market conditions.
Canada's Brookfield Asset Management BAMa.TO and Chile's
Colbun COL.SN will bid for the controlling stake in Colombian
power generator Isagen ISG.CN at an auction on Jan. 13, the
Colombian Finance Ministry said on Monday.
A Canadian investment management firm launched on Monday the
first-ever real-time index monitoring the outright price of
heavy Canadian crude, based on prices published by derivatives
exchange ICE Futures Europe.
COMMODITIES AT 7:15 a.m. ET COM/WRAP
Gold futures GCc1 : $1,077.20; +0.20 pct GOL/
US crude CLc1 : $36.47; -0.79 pct O/R
Brent crude LCOc1 : $36.90; -0.86 pct O/R
LME 3-month copper CMCU3 : $4,658.50; +1.10 pct MET/L
ANALYST RESEARCH HIGHLIGHTS RCH/CA
Air Canada AC.TO : BMO cuts target price to C$13 from C$17
BCE Inc BCE.TO : Credit Suisse (VX:CSGN) reinstates coverage with
"neutral" rating; target price of C$55
WestJet Airlines Ltd WJA.TO : BMO cuts target price to C$29
from C$32
U.S. ECONOMIC DATA DUE ON TUESDAY
0855 Redbook mm: Prior -0.5 pct
0855 Redbook yy: Prior 2.5 pct
0945 ISM-New York Index for Dec: Prior 710.6
0945 ISM NY Biz Conditions for Dec: Prior 60.7
1330 Domestic car sales for Dec: Expected 5.65 mln; Prior
5.71 mln
1330 Domestic truck sales for Dec: Expected 8.55 mln; Prior
8.72 mln
1330 Total vehicle sales for Dec: Expected 18.10 mln; Prior
18.19 mln
1330 All car sales for Dec: Prior 7.81 mln
1330 All truck sales for Dec: Prior 10.38 mln
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$1.39)