May 10 (Reuters) - Canada's main stock index futures
indicated a higher open on Tuesday following gains in global
markets after Japan warned it was prepared to step in to weaken
its currency.
June futures on the S&P TSX index SXFc1 were up 0.28
percent at 7:25 a.m. ET.
Canada's main stock index fell to a nearly four-week low on
Monday as lower commodity prices weighed on energy and mining
stocks, while financials also fell.
Dow Jones Industrial Average e-mini futures 1YMc1 were up
0.21 percent at 7:25 a.m. ET, while S&P 500 e-mini futures
ESc1 were up 0.21 percent and Nasdaq 100 e-mini futures NQc1
were up 0.09 percent.
No major Canadian economic releases are scheduled for the
day.
TOP STORIES
Repair crews were expected to assess wildfire damage to the
Canadian energy boomtown of Fort McMurray as the oil sands
companies surrounding the ravaged city looked at bringing
production back on line.
Japanese oil refiner Idemitsu Kosan Co 5019.T said on
Tuesday its joint venture with Canada's AltaGas ALA.TO would
suspend a liquefied natural gas project in Canada for the
foreseeable future due to low energy prices.
TMX Group Ltd X.TO , which owns and operates the Toronto
Stock Exchange, posted a 9 percent rise in quarterly profit late
on Monday, helped by lower operating expenses. AT 7:25 a.m. ET COM/WRAP
Gold futures GCc2 : $1,263.90; -0.13 pct GOL/
US crude CLc1 : $43.33; -0.21 pct O/R
Brent crude LCOc1 : $43.89; +0.60 pct O/R
LME 3-month copper CMCU3 : $4,686.50; +0.01 pct MET/L
ANALYST RESEARCH HIGHLIGHTS
Athabasca Oil Corp ATH.TO : Canaccord Genuity raises rating
to "buy" from "hold"
Lundin Mining Corp LUN.TO : Paradigm Capital raises target
price to C$7.75 from C$6.50; rating "buy"
Raging River Exploration Inc RRX.TO : Desjardins raises
target price to C$12 from C$11.50
U.S. ECONOMIC DATA DUE ON TUESDAY
1000 JOLTS job openings for Mar: Expected 5.431 mln; Prior
5.445 mln
1000 Wholesale inventories mm for Mar: Expected 0.1 pct;
Prior -0.5 pct
1000 Wholesale sales mm for Mar: Expected 0.3 pct; Prior
-0.2 pct
($1= C$1.30)