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CANADA STOCKS-Futures indicate slightly higher start to week

Published 2016-07-25, 07:39 a/m
© Reuters.  CANADA STOCKS-Futures indicate slightly higher start to week
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July 25 (Reuters) - Stock futures pointed to a slightly higher opening for Canada's main stock index on Monday after G20 finance chiefs agreed over the weekend to use "all policy tools" to lift global growth.

Policymakers from the Group of 20 countries vowed to support global growth and better share the benefits of trade, in a meeting dominated by the impact of Britain's exit from Europe and fears of rising protectionism. are also looking forward to corporate earnings and meetings of the U.S. Federal Reserve and Bank of Japan. prices remained under pressure amid worries that a global glut of crude and refined products would weigh on markets for some time. O/R

September futures on the S&P TSX index SXFc1 were up 0.12 percent at 7:15 a.m. ET.

Canada's main stock index hit its highest close in a year on Friday, notching a fourth straight weekly gain as yield-producing telecom and utility stocks found favor, offsetting a plunge in shares of Valeant Pharmaceuticals International Inc (NYSE:VRX) VRX.TO . major Canadian economic releases are scheduled. ECONCA

Dow Jones Industrial Average e-mini futures 1YMc1 were up 0.05 percent at 7:15 a.m. ET, while S&P 500 e-mini futures ESc1 were up 0.03 percent and Nasdaq 100 e-mini futures NQc1 were down 0.02 percent. .N

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

TOP STORIES TOP/CAN

Authorities have recovered at least 40 percent of the 1,572 barrels of oil that leaked into a major western Canadian river, but the spill is still moving downstream and threatening the drinking water of riverside communities, officials said on Sunday. AT 7:15 a.m. ET COM/WRAP

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Gold futures GCc1 : $1,313.80; -0.70 pct GOL/

US crude CLc1 : $43.90; -0.66 pct O/R

Brent crude LCOc1 : $45.40; -0.63 pct O/R

LME 3-month copper CMCU3 : $4,939; +0.39 pct MET/L

ANALYST RESEARCH HIGHLIGHTS RCH/CA

Arizona Mining Inc AZ.TO : RBC raises target price to C$3 from C$2

Equitable Group EQB.TO : National Bank Financial raises target price to C$70 from C$69

Hudbay Minerals HBM.TO : Canaccord Genuity raises target price to C$7 from C$6

U.S. ECONOMIC DATA DUE ON MONDAY

1030 Dallas Fed Manufacturing Business Index for Jul: Prior -18.3

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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