May 11 (Reuters) - Canada's main stock index futures were
slightly firmer as oil prices reversed course to trade higher
after falling nearly a percent.
June futures on the S&P TSX index SXFc1 were up 0.05
percent at 7:25 a.m. ET.
Canada's main stock index on Tuesday scored its largest gain
since mid February as oil and global stocks rose, while Canada's
oil sands production trickled back as the wildfire threat eased.
Dow Jones Industrial Average e-mini futures 1YMc1 were
down 0.21 percent at 7:25 a.m. ET, while S&P 500 e-mini futures
ESc1 were down 0.13 percent and Nasdaq 100 e-mini futures
NQc1 were down 0.15 percent. .N
Thomson Reuters/Ipsos Primary Consumer Sentiment Index data
is due at 11:00 a.m. ET ECONCA .
(Morning News Call newsletter http://link.reuters.com/nex49s;
The Day Ahead newsletter http://link.reuters.com/mex49s)
TOP STORIES TOP/CAN
Market participants are closely watching for the prospect of
further restarts by Canadian oil sands producers near
wildfire-ravaged Fort McMurray as some companies began slowly
bringing operations back online.
Kinross Gold Corp K.TO reported lower-than-expected
quarterly revenue as the world's fifth biggest gold miner
struggled with lower realized gold prices.
Canada's InnVest Real Estate Investment INN_u.TO said that
it has entered into an agreement to be bought by Bluesky Hotels
and Resorts. AT 7:25 a.m. ET COM/WRAP
Gold futures GCc1 : $1,274.50; +0.84 pct GOL/
US crude CLc1 : $44.73; -0.16 pct O/R
Brent crude LCOc1 : $45.88; +0.79 pct O/R
LME 3-month copper CMCU3 : $4,275.50; +0. pct MET/L
ANALYST RESEARCH HIGHLIGHTS RCH/CA
Chinook Energy Inc CKE.TO : Raymond James cuts rating to
"underperform" from "market perform"
Lundin Mining Corp LUN.TO : Paradigm Capital raises target
price to C$7.75 from C$6.50; rating "buy"
Trinidad Drilling Ltd TDG.TO : TD Securities raises target
price to C$2.75 from C$2.50; rating "buy"
U.S. ECONOMIC DATA DUE ON WEDNESDAY
1100 Thomson Reuters / Ipsos Primary Consumer Sentiment
Index for May: Prior 55.5
1400 Federal budget for Apr: Expected $112.00 bln; Prior
-$108.0 bln
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$1.29)