Nov 25 (Reuters) - Canada's main stock index looked set to
open higher on Wednesday as concerns about the fallout from
Turkey's downing of a Russian warplane appeared to ease.
December futures on the S&P TSX index SXFc1 were up 0.09
percent at 7:15 a.m. ET.
No major data is scheduled for release.
Canada's main stock index rose on Tuesday, helped by
strength in energy and materials stocks.
Dow Jones Industrial Average e-mini futures 1YMc1 were up
0.27 percent at 7:15 a.m. ET, while S&P 500 e-mini futures
Esc1 were up 0.13 percent and Nasdaq 100 e-mini futures NQc1
were up 0.26 percent. .N
(Morning News Call newsletter http://link.reuters.com/nex49s;
The Day Ahead newsletter http://link.reuters.com/mex49s)
TOP STORIES TOP/CAN
Maple Leaf Foods Inc MFI.TO said it would cut 400 jobs, or
about 3 percent of its workforce, nearly a month after the meat
packer pushed back a timeline for hitting a key profit target.
Canada's economy is rebounding following a modest
contraction in the first half of the year, boosted by non-energy
exports and investment, which will help growth reach 2.5 percent
in 2017, Bank of Canada Deputy Governor Lynn Patterson said.
COMMODITIES AT 7:15 a.m. ET COM/WRAP
Gold futures GCc2 : $1,172.9; -0.08 pct GOL/
US crude CLc1 : $42.10; -1.77 pct O/R
Brent crude LCOc1 : $45.16; -2.08 pct O/R
LME 3-month copper CMCU3 : $4,531; -1.65 pct MET/L
ANALYST RESEARCH HIGHLIGHTS RCH/CA
Alimentation Couche-Tard ATDb.TO : CIBC raises target price
to C$74 from C$66
Bombardier BBDb.TO : BMO cuts price target to C$1.30 from
C$1.50
Capstone Infrastructure CSE.TO : National Bank Financial
ups target to C$4.50 from C$3.75
U.S. ECONOMIC DATA DUE ON WEDNESDAY
0830 Personal consumption real mm for Oct: Prior +0.2 pct
0830 Personal income mm for Oct: Expected +0.4 pct; Prior
+0.1 pct
0830 Consumption, adjusted mm for Oct: Expected +0.3 pct;
Prior +0.1 pct
0830 Core PCE Price Index mm for Oct: Expected +0.1 pct;
Prior +0.1 pct
0830 Core PCE Price Index yy for Oct: Prior +1.3 pct
0830 PCE Price Index mm for Oct: Prior -0.1 pct
0830 PCE Price Index yy for Oct: Prior +0.2 pct
0830 Durable goods for Oct: Expected +1.5 pct; Prior -1.2
pct
0830 Durables ex-transport for Oct: Expected +0.3 pct; Prior
-0.3 pct
0830 Durables ex-defense mm for Oct: Prior -1.9 pct
0830 Nondefense cap ex-air for Oct: Expected +0.4 pct; Prior
-0.1 pct
0830 Initial jobless claims: Expected 270,000; Prior 271,000
0830 Jobless claims 4-week average: Prior 270,750
0830 Continued jobless claims: Expected 2.164 mln; Prior
2.175 mln
0900 Monthly home price mm for Sep: Prior +0.3 pct
0900 Monthly home price yy for Sep: Prior +5.5 pct
0900 Monthly Home Price Index for Sep: Prior +224.9
0945 Markit Comp Flash PMI for Nov: Prior +55.00
0945 Markit Services PMI Flash for Nov: Expected +55.0;
Prior +54.8
1000 U Mich Sentiment Final for Nov: Expected +93.1; Prior
+93.1
1000 U Mich Conditions Final for Nov: Prior +104.8
1000 U Mich Expectations Final for Nov: Expected +85.7;
Prior +85.6
1000 U Mich 1 year inflation final for Nov: Prior +2.5 pct
1000 U Mich 5-year inflation final for Nov: Prior +2.5 pct
1000 New home sales-units mm for Oct: Expected 0.500 mln;
Prior 0.468 mln
1000 New home sales change mm for Oct: Expected +6.0 pct;
Prior -11.5 pct
1300 Dallas Fed PCE for Oct: Prior +1.7 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$1.33)