🧐 ProPicks AI October update is out now! See which stocks made the listPick Stocks with AI

CANADA STOCKS-Futures dip on worries over U.S. economy's resilience

Published 2016-10-17, 07:43 a/m
© Reuters.  CANADA STOCKS-Futures dip on worries over U.S. economy's resilience
XAU/USD
-
F
-
BARC
-
OGC
-
TECK
-
GC
-
HG
-
LCO
-
ESZ24
-
CL
-
1YMZ24
-
NQZ24
-
SXFc1
-
RCI
-
ONEX
-

Oct. 17 (Reuters) - Canadian stock futures were lower on Monday after comments from U.S. Federal Reserve Chair Janet Yellen about the health of the economy unnerved investors.

Yellen, in a speech at a conference of policymakers and academics on Friday, laid out the deepening concern at the central bank that U.S. economic potential is slipping and may need aggressive steps to rebuild. futures on the S&P TSX index SXFc1 were down 0.15 percent at 7:15 a.m. ET.

Canadian securities data is due at 8:30 a.m. ET ECONCA

Canada's main stock index fell on Friday as a stronger U.S. dollar pressured gold prices and energy companies scrambled to protect pipelines. Jones Industrial Average e-mini futures 1YMc1 were down 0.15 percent at 7:15 a.m. ET, while S&P 500 e-mini futures ESc1 were down 0.18 percent and Nasdaq 100 e-mini futures NQc1 were down 0.26 percent. .N

(Morning News Call newsletter http://link.reuters.com/nex49s ; The Day Ahead newsletter http://link.reuters.com/mex49s)

TOP STORIES TOP/CAN

Rogers Communications Inc RCIb.TO named Joseph Natale as chief executive officer and reported a 3.2 percent rise in quarterly revenue. Inc SVU.N said it would sell its Save-A-Lot business to Canadian private equity firm Onex Corp OCX.TO for $1.37 billion. manufacturing workers at Fiat Chrysler Automobiles FCAU.N voted on Sunday to approve a tentative labor agreement with the automaker, their union said, averting a strike and clearing the way for talks with Ford Motor (NYSE:F) Co F.N . RESEARCH HIGHLIGHTS RCH/CA

Teck Resources Ltd TCKB.TO : RBC raises price target to C$30 from C$23.

Oceanagold Corp OGC.TO : Barclays (LON:BARC) raises rating to "overweight" from "equal weight".

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

Gold futures GCc2 : $1,253.4; -0.05 pct GOL/

US crude CLc1 : $50.43; +0.14 pct O/R

Brent crude LCOc1 : $52.17; +0.64pct O/R

LME 3-month copper CMCU3 : $4,688.50; +0.29 pct MET/L

U.S. ECONOMIC DATA DUE ON MONDAY

0830 NY Fed Manufacturing for Oct: Expected 1.00; Prior -1.99

0915 Industrial output mm for Sep: Expected 0.2 pct; Prior -0.4 pct

0915 Capacity utilization mm for Sep: Expected 75.6 pct; Prior 75.5 pct

0915 Manufacturing output mm for Sep: Expected 0.1 pct; Prior -0.4 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$1.33)

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.