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CANADA STOCKS-Futures set to open lower as oil slides

Published 2016-06-13, 07:18 a/m
CANADA STOCKS-Futures set to open lower as oil slides
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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SXFc1
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BBDb
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HBC
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PSK
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June 13 (Reuters) - Stock futures pointed to a lower opening
for Canada's main stock index on Monday as oil prices fell,
weighed down by gloomy economic prospects in Europe and Asia and
a related strengthening in the U.S. dollar.
June futures on the S&P TSX index SXFc1 were down 0.18
percent at 7:15 a.m. ET.
No major economic events are scheduled for the day. ECONCA
Canada's main stock index posted its largest drop since
February on Friday, falling to a one-week low as energy stocks
tumbled with oil prices and global equity markets broadly moved
lower.
Dow Jones Industrial Average e-mini futures 1YMc1 were
down 0.35 percent at 7:15 a.m. ET, while S&P 500 e-mini futures
ESc1 were down 0.37 percent and Nasdaq 100 e-mini futures
NQc1 were down 0.45 percent.

TOP STORIES
Canada is willing to "find a solution" with Bombardier Inc
BBDb.TO as the parties consider the company's dual-class share
structure during talks on a $1-billion government fund-infusion,
the minister responsible said late on Saturday. AT 7:15 a.m. ET COM/WRAP
Gold futures GCc1 : $1,285.80; +0.97 pct GOL/
US crude CLc1 : $48.58; -1.00 pct O/R
Brent crude LCOc1 : $50.10; -0.87 pct O/R
LME 3-month copper CMCU3 : $4,539.00; +0.64 pct MET/L

ANALYST RESEARCH HIGHLIGHTS
Hudson's Bay Co HBC.TO : RBC cuts price target to C$23 from
C$27
Prairiesky Royalty Ltd PSK.TO : Canaccord Genuity starts
coverage with "buy" rating; C$31 price target

U.S. ECONOMIC DATA DUE ON MONDAY
No major economic events are scheduled for the day.


($1= C$1.28)

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