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CANADA STOCKS-TSX set for another day of gains, futures up 0.11 pct

Published 2017-01-04, 07:38 a/m
© Reuters.  CANADA STOCKS-TSX set for another day of gains, futures up 0.11 pct
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Jan 4 (Reuters) - Canadian stocks futures rose on Wednesday, a day after the main index touched its highest intraday level in more than 20 months.

March futures on the S&P TSX index SXFc1 were up 0.11 percent at 7:15 a.m. ET.

Canada's main stock index rose on Tuesday, as financial, gold and energy shares gained on the first trading day of 2017. economic data is scheduled for release on Wednesday. ECONCA

Investors awaited the release of the minutes of the U.S. Federal Reserve's December meeting in which the central bank raised interest rates.

Dow Jones Industrial Average e-mini futures 1YMc1 were up 0.14 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 0.15 percent. .N

(Morning News Call newsletter http://share.thomsonreuters.com/assets/newsletters/Morning_News_Call/MNC_US.pdf ; The Day Ahead newsletter http://share.thomsonreuters.com/assets/newsletters/The_Day_Ahead/TDA_NAM.pdf)

TOP STORIES TOP/CAN

Canadian oil and natural gas producer Encana Corp ECA.TO said it expects its margins in 2017 to exceed its previous target on lower costs and an expected rise in output in the second half of this year. RESEARCH HIGHLIGHTS RCH/CA

Canadian Pacific Railway Ltd CP.TO : Loop Capital raises price target to C$221 from C$206

Dundee Precious Metals Inc DPM.TO : Paradigm Capital raises target price to C$5 from C$2.75

Westjet Airlines Ltd WJA.TO : Cowen and Company raises rating to "market perform" from "underperform"

COMMODITIES AT 7:15 a.m. ET COM/WRAP

Gold futures GCc2 : $1,165.8; +0.33 pct GOL/

US crude CLc1 : $52.64; +0.59 pct O/R

Brent crude LCOc1 : $55.81; +0.63 pct O/R

LME 3-month copper CMCU3 : $5,527.50; +0.49 pct MET/L

U.S. ECONOMIC DATA DUE ON WEDNESDAY

0945 ISM-New York Index for Dec: Prior 720.5

0945 ISM NY Business Conditions for Dec: Prior 52.5

1330 Domestic car sales for Dec: Expected 5.15 mln; Prior 5.21 mln

1330 Domestic truck sales for Dec: Expected 8.70 mln; Prior 8.92 mln

1330 Total vehicle sales for Dec: Expected 17.70 mln; Prior 17.87 mln

1330 All car sales for Dec: Prior 7.16 mln

1330 All truck sales for Dec: Prior 10.71 mln

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$1.34)

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