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CANADA STOCKS-Futures trade higher as investors eye OPEC meeting

Published 2016-06-02, 07:35 a/m
CANADA STOCKS-Futures trade higher as investors eye OPEC meeting
XAU/USD
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BARC
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LCO
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ESU24
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June 2 (Reuters) - Canada stock futures were slightly higher
on Thursday as investors awaited for the outcome of a meeting of
the Organization of the Petroleum Exporting Countries (OPEC) in
Vienna.
June futures on the S&P TSX index SXFc1 were up 0.09
percent at 7:15 a.m. ET.
No major economic events are scheduled for the day. ECONCA
Canada's main stock index pared most of its losses on
Wednesday, rebounding from an earlier one-week low as financials
turned higher, while energy stocks retreated.
Dow Jones Industrial Average e-mini futures 1YMc1 were
down 0.07 percent at 7:15 a.m. ET, while S&P 500 e-mini futures
ESc1 were down 0.07 percent and Nasdaq 100 e-mini futures
NQc1 were down 0.06 percent. .N

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

TOP STORIES TOP/CAN
Suncor Energy Inc's SU.TO gas stations across Canada's
western provinces were grappling with fuel shortages because of
wildfire-triggered production cuts along with an unplanned unit
outage at the company's Edmonton refinery, a representative said
on Wednesday. AT 7:15 a.m. ET COM/WRAP
Gold futures GCc2 : $1,217.5; +0.34 pct GOL/
US crude CLc1 : $48.97; -0.08 pct O/R
Brent crude LCOc1 : $49.73; +0.02 pct O/R
LME 3-month copper CMCU3 : $4,586.50; -0.68 pct MET/L

ANALYST RESEARCH HIGHLIGHTS RCH/CA
Husky Energy Inc HSE.TO : Raymond James raises price target
to C$16 from C$15; rating "market perform"
Toronto-Dominion Bank TD.TO : Citigroup (NYSE:C) raises target
price to C$65 from C$60; buy "rating"
National Bank of Canada NA.TO : Barclays (LON:BARC) raises price
target to C$41 from C$38; rating "equal weight"

U.S. ECONOMIC DATA DUE ON THURSDAY
0815 ADP national employment for May: Expected 175000; Prior
156000
0830 Initial jobless claims : Expected 270000; Prior 268000
0830 Jobless claims 4-week average: Prior 270500
0830 Continued jobless claims : Expected 2.150 mln; Prior
2.163 mln
0945 ISM-New York Index for May: Prior 724.4
0945 ISM NY Biz Conditions for May: Prior 57


($1 = C$1.31)

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