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CANADA STOCKS-Futures down as investors cautious after broad selloff

Published 2016-09-14, 07:37 a/m
CANADA STOCKS-Futures down as investors cautious after broad selloff
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Sept 14 (Reuters) - Stock futures pointed to a lower opening for Canada's main stock index on Wednesday as investors remained cautious, a day after the index closed at its lowest in more than two months.

Canadian stocks fell on Tuesday as oil prices weighed on energy shares and heavyweight banking and mining stocks also lost ground amidst a broad retreat. Wilkins, senior deputy governor at the Bank of Canada, added to the caution by saying that the reduced potential for global economic growth and resultant lower neutral interest rates could pose risks for financial stability. futures on the S&P TSX index SXFc1 were down 0.11 percent at 7:15 a.m. ET.

Dow Jones Industrial Average e-mini futures 1YMc1 were up 0.11 percent at 7:15 a.m. ET. S&P 500 e-mini futures ESc1 were up 0.14 percent and Nasdaq 100 e-mini futures NQc1 were up 0.22 percent. .N

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

TOP STORIES TOP/CAN

Canada's Liberal government on Tuesday expressed confidence it could appoint new panel members to assess TransCanada Corp 's TRP.TO Energy East pipeline, even though industry observers say it might be hard to find qualified candidates. RESEARCH HIGHLIGHTS RCH/CA

Bank of Nova Scotia BNS.TO : Citigroup (NYSE:C) raises target price to C$76 from C$70

Potash Corp POT.N : Stifel raises to "buy" from "hold"

Teck Resources Ltd TCKb.TO : CIBC raises target price to C$28 from C$23

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

Gold futures GCc2 : $1,321.8; +0.17 pct GOL/

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

US crude CLc1 : $45.16; +0.58 pct O/R

Brent crude LCOc1 : $47.29; +0.4 pct O/R

LME 3-month copper CMCU3 : $4,714.00; +1.38 pct MET/L

U.S. ECONOMIC DATA DUE ON WEDNESDAY

0830 Import prices mm for August: Expected -0.1 pct; Prior 0.1 pct

0830 Export prices mm for August: Expected 0.1 pct; Prior 0.2 pct

1100 TR IPSOS PCSI for September: Prior 57.70

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)

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