Oct 21(Reuters) - Canada stock futures were lower on Friday, as investors stayed cautious ahead of annual inflation and August retail sales data.
December futures on the S&P TSX index SXFc1 were down 0.21 percent at 7:15 a.m. ET.
Inflation and retail sales data is due at 8:30 a.m. ET ECONCA .
Canada's main stock index inched higher on Thursday, as modest gains in heavyweight gold mining and banking stocks helped offset weakness among consumer and industrial names. Jones Industrial Average e-mini futures 1YMc1 were down 0.39 percent at 7:15 a.m. ET, while S&P 500 e-mini futures ESc1 were down 0.37 percent and Nasdaq 100 e-mini futures NQc1 were down 0.17 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 plane and train maker Bombardier Inc BBDb.TO will shed jobs for the second time this year, cutting about 10 percent of its global workforce over two years as it deepens turnaround efforts at its rail division. rig contractor Precision Drilling Corp PD.TO PDS.N reported a smaller-than-expected quarterly loss, helped by lower operating costs, and raised its capital budget for the year after winning new contracts. Dutch Shell Plc RDSa.L said on Thursday it is selling $1.03 billion worth of non-core oil and gas properties in western Canada to Tourmaline Oil Corp TOU.TO , the latest example of the global oil major trimming its operations in the region. RESEARCH HIGHLIGHTS RCH/CA
Canadian Pacific Railway CP.TO : Desjardins raises target to C$227 from C$212
First Majestic Silver Corp FR.TO : Desjardins cuts target price to C$14 from C$23
Goldcorp Inc G.TO : Desjardins cuts target price to C$26 from C$28
COMMODITIES AT 7:15 a.m. ET COM/WRAP
Gold futures GCc2 : $1,265.2; -0.07 pct GOL/
US crude CLc1 : $50.88; +0.49 pct O/R
Brent crude LCOc1 : $51.73; +0.68 pct O/R
LME 3-month copper CMCU3 : $4,662.00; +0.21 pct MET/L
U.S. ECONOMIC DATA DUE ON FRIDAY
1030 ECRI Weekly Index: Prior 139.6
1030 ECRI weekly annualized: Prior 8.8 pct
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$1.32)