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CANADA STOCKS-Futures point to a lower start

Published 2017-02-06, 07:37 a/m
CANADA STOCKS-Futures point to a lower start
XAU/USD
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GC
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HG
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LCO
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ESU24
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CL
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1YMU24
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NQU24
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M
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SXFc1
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DLEKG
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ALA
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I6T
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HBC
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ISV
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FURY
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Feb 6 (Reuters) - Stock futures indicated a modestly lower start for Canada's main stock index on Monday, taking cues from oil prices, which were little changed in the face of rising tension between the United States and Iran.

March futures on the S&P TSX index SXFc1 were down 0.08 percent at 7:15 a.m. ET.

The Toronto Stock Exchange's S&P/TSX composite index gained on Friday as heavyweight banks got a boost from U.S. President Donald Trump's move to scale back financial regulations, while department store operator Hudson's Bay Co HBC.TO jumped on news it is eyeing larger U.S. retailer Macy's (NYSE:M). major Canadian economic releases are scheduled. ECONCA

Dow Jones Industrial Average e-mini futures 1YMc1 were up 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 0.02 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

Israel's Delek Group DLEKG.TA said it had offered $524 million for the 80 percent of shares in oil producer Ithaca Energy Inc IAE.TO it does not already own as it seeks to build up its North Sea assets ahead of a planned London listing. RESEARCH HIGHLIGHTS RCH/CA

AltaGas Ltd ALA.TO : Canaccord Genuity cuts target price to C$33 from C$35; rating "hold"

Auryn Resources AUG.TO : Canaccord Genuity starts coverage with price target C$5

Information Services Corp ISV.TO : CIBC raises price target to C$21.50 from C$19

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

Gold futures GCc1 : $1226; +0.62 percent GOL/

US crude CLc1 : $53.97; +0.26 percent O/R

Brent crude LCOc1 : $56.86; +0.09 percent O/R

LME 3-month copper CMCU3 : $5795; +0.4 percent MET/L

U.S. ECONOMIC DATA DUE ON MONDAY

1000 Employment Trends for Jan: Prior 129.6

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$1.30)

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