March 11 (Reuters) - Stock futures pointed to a higher
opening for Canada's main stock index on Friday, following a
recovery in metal and crude oil prices.
March futures on the S&P TSX index SXFc1 were up 0.93
percent at 7:35 a.m. ET.
Canada's labor market report, due at 8:30 a.m. ET, is
expected to show the economy added 9,000 jobs in February,
offsetting the loss seen the month before. The unemployment rate
is expected to remain at a two-year high of 7.2 percent
ECONCA .
Canada's main stock index fell in volatile trade on
Thursday, just its second slip in 11 sessions, as investors
looked past the European Central Bank's rate cuts and expansion
of stimulus to focus on signals that there would be no further
cuts.
Dow Jones Industrial Average e-mini futures 1YMc1 were up
0.83 percent at 7:35 a.m. ET, while S&P 500 e-mini futures
Esc1 were up 0.92 percent and Nasdaq 100 e-mini futures NQc1
were up 1.09 percent. .N
(Morning News Call newsletter http://link.reuters.com/nex49s;
The Day Ahead newsletter http://link.reuters.com/mex49s)
TOP STORIES TOP/CAN
Canadian department store operator Hudson's Bay Co HBC.TO
plans to invest 1 billion euros ($1.12 billion) in its German
chain Kaufhof over the next five to seven years, its chief
executive told German business daily Handelsblatt. AT 7:35 a.m. ET COM/WRAP
Gold futures GCc1 : $1,266.10; -0.46 pct GOL/
US crude CLc1 : $38.67; +2.22 pct O/R
Brent crude LCOc1 : $40.72; +1.67 pct O/R
LME 3-month copper CMCU3 : $4,928.00; +0.78 pct MET/L
ANALYST RESEARCH HIGHLIGHTS RCH/CA
AG Growth International AFN.TO : National Bank Financial
raises to "outperform" rating
First Quantum FM.TO : NBF raises rating to "outperform"
from "sector perform"
Gaming Nation Inc FAN.V : Canaccord Genuity cuts target to
"speculative buy" from "buy"
U.S. ECONOMIC DATA DUE ON FRIDAY
0830 Import prices mm for Feb: Expected -0.6 pct; Prior -1.1
pct
0830 Export prices mm for Feb: Expected -0.5 pct; Prior -0.8
pct
1030 ECRI weekly leading index: Prior 129.2
1030 ECRI weekly annualized: Prior -3.5 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$1.32)