Feb 5 (Reuters) - Stock futures pointed to a higher opening
for Canada's main stock index on Friday ahead of the monthly
jobs report.
The Canadian economy is forecast to have added just 5,500
jobs in January, a slowdown from the 22,800 pace seen in the
final month of 2015. The modest pace of job growth is expected
to keep the unemployment rate unchanged at 7.1 percent in
January.
The jobs report is due at 8:30 a.m. ET. ECONCA
March futures on the S&P TSX index SXFc1 were up 0.4
percent at 7:15 a.m. ET.
Canada's main stock index jumped on Thursday as higher
commodity prices helped lift mining stocks, while banks and
railways also saw strong gains and the energy sector rose
despite a slip in oil prices.
Dow Jones Industrial Average e-mini futures 1YMc1 were up
0.13 percent at 7:15 a.m. ET, while S&P 500 e-mini futures
Esc1 were up 0.09 percent and Nasdaq 100 e-mini futures NQc1
were up 0.16 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 biggest pension funds say they are walking away
from more and more global infrastructure deals, citing concerns
that intense competition for assets has driven valuations too
far. AT 7:30 a.m. ET COM/WRAP
Gold futures GCc2 : $1,159.50; +0.16 pct GOL/
US crude CLc1 : $32.16; +1.39 pct O/R
Brent crude LCOc1 : $34.78; +0.93 pct O/R
LME 3-month copper CMCU3 : $4,676.50; -0.22 pct MET/L
ANALYST RESEARCH HIGHLIGHTS RCH/CA
Brookfield Renewable Energy BEP_u.TO : Barclays (L:BARC) raises
target price to C$37 from C$35; rating "equal weight"
Westshore Terminals Investment WTE.TO : BMO cuts target
price to C$13 from C$15; rating "market perform"
Wi-Lan Inc WIN.TO : Canaccord Genuity raises rating to
"speculative buy" from "hold"
U.S. ECONOMIC DATA DUE ON FRIDAY
0830 Payrolls benchmark SA for 12M: Prior 91,000
0830 Non-Farm payrolls for Jan: Expected 190,000; Prior
292,000
0830 Private payrolls for Jan: Expected 183,000; Prior
275,000
0830 Manufacturing payrolls for Jan: Expected -2,000; Prior
8,000
0830 Government payrolls for Jan: Prior 17,000
0830 Unemployment rate for Jan: Expected 5.0 pct; Prior 5.0
pct
0830 Average earnings mm for Jan: Expected 0.3 pct; Prior
0.0 pct
0830 Average workweek hrs for Jan: Expected 34.5 hrs; Prior
34.5 hrs
0830 Labor force participation for Jan: Prior 62.6 pct
0830 U6 underemployment for Jan: Prior 9.9 pct
0830 International trade mm for Dec: Expected -$43.0 bln;
Prior -$42.4 bln
0830 Payrolls benchmark NSA for 12m: Prior -208,000
1030 ECRI Weekly Index: Prior 130.2
1030 ECRI weely annualized: Prior -2.2 pct
1500 Consumer credit for Dec: Expected 16.00 bln; Prior
13.95 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$1.37)