Aug 15 - Canada's main stock index was set to open higher on Monday, boosted by higher oil prices.
Oil hit a near one-month high as speculation intensified about potential producer action to support prices in an oversupplied market.
September futures on the S&P TSX index SXFc1 were up 0.18 percent at 7:15 a.m. ET.
Canada's main stock index slipped on Friday, weighed by broad losses among financial, consumer, industrial and materials stocks, which offset gains for energy companies as oil prices rose. Jones Industrial Average e-mini futures 1YMc1 were up 0.19 percent at 7:15 a.m. ET. S&P 500 e-mini futures ESc1 were up 0.16 percent and Nasdaq 100 e-mini futures NQc1 were up 0.18 percent. .N
(Morning News Call newsletter http://link.reuters.com/nex49s ; The Day Ahead newsletter http://link.reuters.com/mex49s)
TOP STORIES TOP/CAN
Canadian telecom companies are rushing to secure cheap money to fund acquisitions and big infrastructure projects as their reliance on customer appetite for internet services grows. RESEARCH HIGHLIGHTS RCH/CA
Altus Group Ltd AIF.TO : BMO raises target price to C$27 from C$24; rating "outperform"
Crescent Point Energy Corp CPG.TO : TD Securities cuts to "buy" from "action list buy"
Sun Life Financial Inc SLF.TO : BMO cuts target price to C$45 from C$46
COMMODITIES AT 7:15 a.m. ET COM/WRAP
Gold futures GCc1 : $1336.5; +0.05 percent GOL/
U.S. crude CLc1 : $44.75; +0.58 percent O/R
Brent crude LCOc1 : $47.2; +0.49 percent O/R
LME 3-month copper CMCU3 : $4762; +0.02 percent MET/L
U.S. ECONOMIC DATA DUE ON MONDAY
0830 NY Fed Manufacturing Index for Aug: Expected 2.00; Prior 0.55
1000 NAHB Housing Market Index for Aug: Expected 60; Prior 59
1600 Net L-T flows, exswaps for June: Prior $41.1 bln
1600 Foreign buying, T-bonds for June: Prior -$18.3 bln
1600 Overall net capital flow for June: Prior -$11.0 bln
1600 Net L-T flows, including swaps for June: Prior $25.8 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$1.29)