June's AI-picked stock updates now live. See what's new in Tech Titans, up 28.5% year to date.Unlock Stocks

CANADA STOCKS-Futures flat after U.S. missile strike on Syria

Published 2017-04-07, 07:51 a/m
© Reuters.  CANADA STOCKS-Futures flat after U.S. missile strike on Syria
XAU/USD
-
GS
-
GC
-
HG
-
LCO
-
ESM24
-
CL
-
1YMM24
-
NQM24
-
SXFc1
-
BBDb
-
CVE
-
CAS
-
HBC
-

April 7 (Reuters) - Futures on Canada's main stock index were little changed on Friday as investors turned cautious after the United States fired missiles at a Syrian government airbase.

Oil prices hit a one-month high after the attacks, which raised concerns that the conflict could spread in the oil-rich region.

Investors are also awaiting the Canadian monthly jobs report, due at 8:30 a.m. ET. The report is expected to show the country added just 5,000 jobs in March, after a strong February, when the economy added 15,300 jobs.

June futures on the S&P TSX index SXFc1 were up 0.02 percent at 7:15 a.m. ET.

The Ivey Purchasing Managers Index data for March is scheduled for release at 10 a.m. ET ECONCA .

Canada's main stock index climbed modestly on Thursday, helped by energy and financial stocks, but the market was mostly subdued ahead of a big meeting between the United States and China, and employment data due on Friday. Jones Industrial Average e-mini futures 1YMc1 were down 0.01 percent at 7:15 a.m. ET, while S&P 500 e-mini futures ESc1 were down 0.01 percent and Nasdaq 100 e-mini futures NQc1 were down 0.01 percent. .N

(Morning News Call newsletter http://share.thomsonreuters.com/assets/newsletters/Morning_News_Call/MNC_US.pdf ; The Day Ahead newsletter http://share.thomsonreuters.com/assets/newsletters/The_Day_Ahead/TDA_NAM.pdf)

TOP STORIES TOP/CAN

Canadian department store operator Hudson's Bay Co HBC.TO said it planned to invest around 400 million euros ($425 million) in Europe this year in a bid to grow its sales there by 20 percent over the next two years. RESEARCH HIGHLIGHTS RCH/CA

Bombardier Inc BBDb.TO : Goldman Sachs (NYSE:GS) raises rating to "buy" from "neutral"

Cascades Inc CAS.TO : CIBC raises target price to C$19 from C$17

Cenovus Energy Inc CVE.TO : BMO cuts target price to C$17 from C$20

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

Gold futures GCc1 : $1262; +0.94 percent GOL/

US crude CLc1 : $52.17; +0.91 percent O/R

Brent crude LCOc1 : $55.25; +0.66 percent O/R

LME 3-month copper CMCU3 : $5809; -0.84 percent MET/L

U.S. ECONOMIC DATA DUE ON FRIDAY

08:30 Non-Farm payrolls for Mar: Expected 180,000; Prior 235,000

08:30 Private payrolls for Mar: Expected 175,000; Prior 227,000

08:30 Manufacturing payrolls for Mar: Expected 15,000; Prior 28,000

08:30 Government payrolls for Mar: Prior 8,000

08:30 Unemployment rate for Mar: Expected 4.7 pct; Prior 4.7 pct

08:30 Average earnings mm for Mar: Expected 0.2 pct; Prior 0.2 pct

08:30 Average workweek hours for Mar: Expected 34.4 hrs; Prior 34.4 hrs

08:30 Labor force participation for Mar: Prior 63.0 pct

08:30 U6 underemployment for Mar: Prior 9.2 pct

10:00 Wholesale inventory(y), R mm for Feb: Expected 0.4 pct; Prior 0.4 pct

10:00 Wholesale sales mm for Feb: Expected 0.2 pct; Prior -0.1 pct

10:30 ECRI Weekly Index: Prior 144.1

10:30 ECRI weekly annualized: Prior 7.9 pct

15:00 Consumer credit for Feb: Expected 13.90 bln; Prior 8.79 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$1.34)

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.