June 17 (Reuters) - Stock futures pointed to a higher
opening for Canada's main stock index on Friday, ahead of the
inflation data.
Canada's annual inflation rate is expected to have fallen to
1.6 percent in May, comfortably below the Bank of Canada's 2
percent target. The data is due at 8:30 a.m. ET. ECONCA
September futures on the S&P TSX index SXFc1 were up 0.25
percent at 7:15 a.m. ET.
Canada's main stock index fell on Thursday as energy and
mining stocks dragged due to lower oil prices and a reversal in
bullion following the suspension of campaigning for Britain's
European Union referendum after a lawmaker was shot dead.
Dow Jones Industrial Average e-mini futures 1YMc1 were
down 0.08 percent at 7:15 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 0.05 percent. .N
(Morning News Call newsletter http://link.reuters.com/nex49s;
The Day Ahead newsletter http://link.reuters.com/mex49s)
TOP STORIES TOP/CAN
Saskatchewan is considering whether to end a review of its
potash royalty system, the economy minister of the Canadian
province said, as producers of the crop nutrient struggle with
low prices. AT 7:15 a.m. ET COM/WRAP
Gold futures GCc1 : $1,284.20; -0.92 pct GOL/
US crude CLc1 : $47.07; +1.84 pct O/R
Brent crude LCOc1 : $48.34; +2.44 pct O/R
LME 3-month copper CMCU3 : $4,559.00; +0.53 pct MET/L
ANALYST RESEARCH HIGHLIGHTS RCH/CA
Gran Tierra Energy Inc GTE.TO : Canaccord Genuity raises
target to C$5 from C$4.50
West Fraser Timber Co Ltd WFT.TO : RBC cuts target price
to C$40 from C$54
U.S. ECONOMIC DATA DUE ON FRIDAY
0830 Building permits: number for May: Expected 1.150 mln;
Prior 1.130 mln
0830 Build permits: change mm for May: Prior 4.9 pct
0830 Housing starts number mm for May: Expected 1.150 mln;
Prior 1.172 mln
0830 House starts mm: change for May: Prior 6.6 pct
1030 ECRI Weekly Index: Prior 137.3
1030 ECRI weekly annualized: Prior 6.5 pct
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)