Get 40% Off
⚠ Earnings Alert! Which stocks are poised to surge?
See the stocks on our ProPicks radar. These strategies gained 19.7% year-to-date.
Unlock full list

CANADA STOCKS-Futures down on worries over global economic growth

Published 2018-11-14, 07:40 a/m
Updated 2018-11-14, 07:50 a/m
© Reuters.  CANADA STOCKS-Futures down on worries over global economic growth

Nov 14 (Reuters) - Futures for Canada's main stock index edged lower on Wednesday, tracking Wall Street losses, on concerns over global economic slowdown.

December futures on the S&P/TSX index SXFc1 were down 0.23 percent at 6:56 a.m. ET.

IPSOS Primary Consumer Sentiment Index data is due at 11:00 a.m. ET.

The Toronto Stock Exchange's S&P/TSX .GSPTSE edged down 24.62 points, or 0.16 percent, to 15,131.78, on Tuesday. Jones Industrial Average e-mini futures 1YMc1 were down 0.11 percent at 6:55 a.m. ET, while S&P 500 e-mini futures ESc1 were down 0.14 percent and Nasdaq 100 e-mini futures NQc1 were down 0.36 percent. .N

TOP STORIES TOP/CAN

Canopy Growth's WEED.TO net quarterly loss widened as the Canadian marijuana producer spent more in the weeks before full legalisation of recreational use in mid-October. Cos Ltd L.TO reported a better-than-expected quarterly profit, as the retailer benefited from efforts to refurbish stores and expand its online presence. apparel maker Canada Goose Holdings Inc GOOS.TO handily beat analysts' quarterly profit estimates on Wednesday, driven by a strong demand for its luxury parkas, prompting the company to raise its forecast for the rest of the year. RESEARCH HIGHLIGHTS RCH/CA

Cargojet Inc CJT.TO : National Bank of Canada raises target price to C$87 from C$73.

Continental Gold Inc CNL.TO : CIBC cuts rating to neutral from outperform.

West Fraser Timber Co Ltd WFT.TO : CIBC cuts price target to C$79 from C$82.

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

Gold futures GCc2 : $1200.3; fell 0.09 percent GOL/

US crude CLc1 : $56.14; rose 0.81 percent O/R

Brent crude LCOc1 : $66.34; rose 1.33 percent O/R

U.S. ECONOMIC DATA DUE ON WEDNESDAY

0830 Core CPI mm, SA for Oct: Expected 0.2 pct; Prior 0.1 pct

0830 Core CPI yy, NSA for Oct: Expected 2.2 pct; Prior 2.2 pct

0830 CPI Index, NSA for Oct: Expected 252.8; Prior 252.439

0830 Core CPI Index, SA for Oct: Prior 258.44

0830 CPI mm, SA for Oct: Expected 0.3 pct; Prior 0.1 pct

0830 CPI yy, NSA for Oct: Expected 2.5 pct; Prior 2.3 pct

0830 Real weekly earnings mm for Oct: Expected 0.2 pct; Prior 0.2 pct

0830 CPI mm NSA for Oct: Prior 0.120 pct

0830 CPI Index SA for Oct: Prior 251.990

1100 Cleveland fed CPI for Oct: Prior 0.2 pct

1100 TR IPSOS PCSI for Nov: Prior 62.53

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$1.32)

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.