April 29 (Reuters) - Stock futures pointed to a higher
opening for Canada's main stock index on Friday as oil rose and
ahead of the release of GDP and producer and raw material price
data.
Canada's gross domestic product is expected to have slipped
by 0.1 percent in February, pulling back from a strong start to
the year. The report is due at 8:30 a.m. ECONCA
June futures on the S&P TSX index SXFc1 were up 0.14
percent at 7:30 a.m. ET.
Canada's main stock index edged slightly lower on Thursday
as losses for financials and other sectors offset gains for gold
miners and Bombardier Inc BBDb.TO after the company won a
large plane order.
Dow Jones Industrial Average e-mini futures 1YMc1 were
down 0.06 percent at 7:30 a.m. ET, while S&P 500 e-mini futures
ESc1 were down 0.12 percent and Nasdaq 100 e-mini futures
NQc1 were down 0.27 percent. .N
(Morning News Call newsletter http://link.reuters.com/nex49s;
The Day Ahead newsletter http://link.reuters.com/mex49s)
TOP STORIES TOP/CAN
Air Canada AC.TO , the country's largest airline, reported
a first-quarter profit, compared with a loss a year earlier,
helped by a decline in fuel costs.
A major CSeries order from Delta Air Lines (NYSE:DAL) DAL.N will
likely hold investor attention at Bombardier's BBDb.TO annual
meeting on Friday, overshadowing discord between the company's
founding family and disgruntled shareholders.
Canadian base metal miner First Quantum Minerals Ltd FM.TO
reported a bigger-than-expected quarterly profit as copper
production costs fell and production rose in its Zambia
operations. AT 7:30 a.m. ET COM/WRAP
Gold futures GCc1 : $1,280.00; +1.15 pct GOL/
US crude CLc1 : $46.49; +1.00 pct O/R
Brent crude LCOc1 : $48.32; +0.37 pct O/R
LME 3-month copper CMCU3 : $5,041.00; +2.00 pct MET/L
ANALYST RESEARCH HIGHLIGHTS RCH/CA
Bombardier BBDb.TO : CIBC raises target price to C$2.25
from C$1.60
Constellation Software CSU.TO : Barclays (LON:BARC) cuts target to
C$515 from C$565; rating "equal weight"
Loblaw Companies Ltd L.TO : Barclays raises target to C$77
from C$75; rating "overweight"
U.S. ECONOMIC DATA DUE ON FRIDAY
0830 Personal Consumption Expenditure real mm for Mar: Prior
0.2 pct
0830 Personal income mm for Mar: Expected 0.3 pct; Prior 0.2
pct
0830 Consumption, adjusted mm for Mar: Expected 0.2 pct;
Prior 0.1 pct
0830 Core PCE price index mm for Mar: Expected 0.1 pct;
Prior 0.1 pct
0830 Core PCE price index yy for Mar: Prior 1.7 pct
0830 PCE price index mm for Mar: Prior -0.1 pct
0830 PCE price index yy for Mar: Prior 1.0 pct
0830 Employment wages qq for Q1: Prior 0.5 pct
0830 Employment benefits qq for Q1: Prior 0.6 pct
0830 Employment costs for Q1: Expected 0.6 pct; Prior 0.5
pct
0945 Chicago PMI for Apr: Expected 53; Prior 53.6
1000 U Mich Consumer Sentiment Index Final for Apr: Expected
90; Prior 89.7
1000 U Mich Conditions Final for Apr: Expected 106.0; Prior
105.4
1000 U Mich Expectations Final for Apr: Expected 80.2; Prior
79.6
1000 U Mich 1 year inflation final for Apr: Prior 2.7 pct
1000 U Mich 5-year inflation final for Apr: Prior 2.5 pct
1300 Dallas fed PCE for Mar: Prior 1.8 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$1.25)