Aug 2 (Reuters) - Stock futures pointed to a lower start for Canada's main stock index on Tuesday as investors remained concerned about oil prices in the face of weak demand outlook.
Oil prices edged higher after falling by up to 10 percent in just one week. WTI Crude was trading at $40.55, after briefly dipping below $40. futures on the S&P TSX index SXFc1 were down 0.33 percent at 7:30 a.m. ET.
RBC Canadian manufacturing PMI data is due at 9:30 a.m. ET. ECONCA
Canada's main stock index rose on Friday as its large energy sector recouped some losses from earlier in the week with oil prices steadying, and miners gained with gold trading at a three-week high. Jones Industrial Average e-mini futures 1YMc1 were down 0.19 percent at 7:30 a.m. ET, while S&P 500 e-mini futures ESc1 were down 0.28 percent and Nasdaq 100 e-mini futures NQc1 were down 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
Thomson Reuters TRI.TO has joined a consortium of the world's biggest financial institutions that is working on how to use the blockchain technology that underpins bitcoin in global financial markets, the company said on Tuesday. AT 7:30 a.m. ET COM/WRAP
Gold futures GCc1 : $1,356.50; +0.38 pct GOL/
US crude CLc1 : $40.55; +1.22 pct O/R
Brent crude LCOc1 : $42.82; +1.61 pct O/R
LME 3-month copper CMCU3 : $4,895.50; +0.28 pct MET/L
ANALYST RESEARCH HIGHLIGHTS RCH/CA
Fairfax Financial Holdings Ltd FFH.TO : CIBC raises price target to C$725 from C$700
Hudbay Minerals HBM.TO : BMO cuts rating to "market perform"
Telus Corp T.TO : NBF raises target price to C$44 from C$42; rating "sector perform"
U.S. ECONOMIC DATA DUE ON TUESDAY
0830 Personal Consumption Expenditure real mm for Jun: Prior 0.3 pct
0830 Personal Income Account mm for Jun: Expected 0.3 pct; Prior 0.2 pct
0830 Personal Consumption Expenditure adjusted mm for Jun: Expected 0.3 pct; Prior 0.4 pct
0830 Core PCE price index mm for Jun: Expected 0.1 pct; Prior 0.2 pct
0830 Core PCE price index yy for Jun: Prior 1.6 pct
0830 PCE price index mm for Jun: Prior 0.2 pct
0830 PCE price index yy for Jun: Prior 0.9 pct
0855 Johnson Redbook Index mm: Prior -0.5 pct
0855 Johnson Redbook Index yy: Prior 0.6 pct
0945 ISM-New York Index for Jul: Prior 715.8
0945 ISM NY Business Conditions for Jul: Prior 45.4
1330 Domestic car sales for Jul: Prior 4.95 mln
1330 Domestic truck sales for Jul: Prior 8.24 mln
1330 Total vehicle sales for Jul: Prior 16.66 mln
1330 All car sales for Jul: Prior 6.76 mln
1330 All truck sales for Jul: Prior 9.90 mln
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