Oct 4 (Reuters) - Stock futures pointed to a slightly higher opening for Canada's main stock index on Tuesday, tracking upbeat sentiment in global markets.
Global markets were up after Deutsche Bank's DBKGn.DE shares rallied, benefiting from the support of its major clients and even rivals. Healthy U.S. manufacturing survey data in the previous session also helped equities. futures on the S&P TSX index SXFc1 were up 0.14 percent at 7:15 a.m. ET.
Canada's main stock index fell on Monday as major gold miners lost ground and heavyweight banks also pulled back as the federal government tightened mortgage and tax rules in a bid to cool the housing market. Jones Industrial Average e-mini futures 1YMc1 were up 0.10 percent at 7:15 a.m. ET, while S&P 500 e-mini futures ESc1 were up 0.06 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
Canada's Sun Life Financial Inc SLF.TO plans to expand into Singapore and Thailand as it looks to boost its presence in Asia where demand for insurance products is growing fast, a senior company executive said. AZN.L heart drug, Brilinta, has failed to help patients with serious circulatory problems in their legs, prompting the company to scrap a $3.5 billion-a-year sales target for the medicine by 2023. RESEARCH HIGHLIGHTS RCH/CA
Air Canada AC.TO : Canaccord Genuity raises target price to C$14 from C$13
Merus Labs Inc MSL.TO : Paradigm Capital cuts target price to C$1.60 from C$1.75
Sandstorm Gold Ltd SSL.TO : Canaccord Genuity raises to "buy" from "hold"
COMMODITIES AT 7:15 a.m. ET COM/WRAP
Gold futures GCc1 : $1,307.40; -0.12 pct GOL/
US crude CLc1 : $48.34; -0.96 pct O/R
Brent crude LCOc1 : $50.50; -0.77 pct O/R
LME 3-month copper CMCU3 : $4,802; -0.35 pct MET/L
U.S. ECONOMIC DATA DUE ON TUESDAY
0855 Redbook mm: Prior -0.5 pct
0855 Redbook yy: Prior +0.2 pct
0945 ISM New York Index for Sep: Prior +719.9
0945 ISM New York Business Conditions for Sep: Prior +47.5
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Reuters global stocks poll for Canada EQUITYPOLL1 EPOLL/CA
Canadian markets directory CANADA ($1= C$1.32)