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CANADA STOCKS-Futures up ahead of GDP data

Published 2016-06-30, 07:19 a/m
© Reuters.  CANADA STOCKS-Futures up ahead of GDP data
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June 30 (Reuters) - Stock futures pointed to a higher
opening for Canada's main stock index on Thursday ahead of data
on the country's economic growth which is expected to have
climbed 0.1 percent in April, following two months of declines.
GDP, producer prices and raw materials prices data is due at
8:30 a.m. ET. ECONCA
September futures on the S&P TSX index SXFc1 were up 0.16
percent at 7:15 a.m. ET.
Canada's main stock index scored its largest gain in seven
weeks on Wednesday as higher oil prices boosted shares of energy
companies and investors bought back into banks after the initial
shock of Britain's vote to exit the European Union.
Dow Jones Industrial Average e-mini futures 1YMc1 were up
0.17 percent at 7:15 a.m. ET, while S&P 500 e-mini futures
ESc1 were up 0.16 percent and Nasdaq 100 e-mini futures NQc1
were up 0.13 percent. .N

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

TOP STORIES TOP/CAN
Canadian planemaker Bombardier Inc BBDb.TO will soon get
the certification of the larger of its CSeries jet family, a
senior executive said on Wednesday, after delivering its first
110-seater CS100 plane, the smaller model, to Swiss
International Airlines.
Laurentian Bank of Canada LB.TO said it would buy CIT
Group Inc's CIT.N Canadian equipment financing and corporate
financing business, a portfolio worth about C$1 billion ($772
million). AT 7:15 a.m. ET COM/WRAP
Gold futures GCc2 : $1,320.40; -0.49 pct GOL/
US crude CLc1 : $49.36; -1.06 pct O/R
Brent crude LCOc1 : $50.18; -0.85 pct O/R
LME 3-month copper CMCU3 : $4,834.00; -0.08 pct MET/L

ANALYST RESEARCH HIGHLIGHTS RCH/CA
Baytex Energy Corp BTE.TO : BMO raises ratings to "market
perform" from "underperform"
Canadian Imperial Bank Of Commerce CM.TO : RBC cuts price
target to C$104 from C$106

U.S. ECONOMIC DATA DUE ON THURSDAY
0830 Initial jobless claims: Expected 267,000; Prior 259,000
0830 Jobless claims 4-week average: Prior 26,700
0830 Continued jobless claims: Expected 2.150 mln; Prior
2.142 mln
0945 Chicago PMI for Jun: Expected 50.7; Prior 49.3

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)

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