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CANADA STOCKS-Futures edge lower as gold falls

Published 2018-02-02, 07:39 a/m
CANADA STOCKS-Futures edge lower as gold falls
XAU/USD
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MSI
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GC
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HG
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LCO
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ESH25
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CL
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1YMH25
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NQH25
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SXFc1
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SAP
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LWRK
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AVO
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NFI
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TRCCRBTR
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Feb 2 (Reuters) - Stock futures pointed to a slightly lower opening for Canada's main stock index on Friday as spot gold prices edged lower, led by a rise in the U.S. dollar.

March futures on the S&P TSX index SXFc1 were up/down 0.7 percent at 7:15 a.m. ET.

The dollar ticked up against the euro ahead of the highly anticipated U.S. non-farm payrolls data, which provides clues on the outlook for U.S. interest rates. benchmark stock index ended its fourth day of losses at a 14-week low, as a hawkish Federal Reserve sapped demand for equities, with two cannabis producers posting the biggest declines on Thursday. Jones Industrial Average e-mini futures 1YMc1 were down 0.8 percent at 7:15 a.m. ET, while S&P 500 e-mini futures ESc1 were down 0.6 percent and Nasdaq 100 e-mini futures NQc1 were up/down 0.5 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 STORY TOP/CAN

Walkie-talkie maker Motorola Solutions Inc (NYSE:MSI) MSI.TO said on Thursday it would buy Canadian security camera maker Avigilon Corp AVO.TO for C$1.2 billion in cash. RESEARCH HIGHLIGHTS RCH/CA

Avigilon Corp AVO.TO : Canaccord Genuity cuts to hold from buy

New Flyer Industries Inc NFI.TO : CIBC raises price target to C$65 from C$63

Saputo Inc SAP.TO : National Bank of Canada cuts price target to C$46 from C$49

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

Thomson Reuters-Jefferies CRB Index .TRJCRBTR : unchanged

Gold futures GCc1 : $1345; rose 0.05 percent GOL/

US crude CLc1 : $65.73; fell 0.11 percent O/R

Brent crude LCOc1 : $69.42; fell 0.33 percent O/R

LME 3-month copper CMCU3 : $7114; fell 0.07 percent MET/L

U.S. ECONOMIC DATA DUE ON FRIDAY

0830 Non-Farm payrolls for Jan: Expected 180,000; Prior 148,000

0830 Private payrolls for Jan: Expected 180,000; Prior 146,000

0830 Manufacturing payrolls for Jan: Expected 20000; Prior 25,000

0830 Government payrolls for Jan: Prior 2,000

0830 Unemployment rate for Jan: Expected 4.1 pct; Prior 4.1 pct

0830 Average earnings mm for Jan: Expected 0.3 pct; Prior 0.3 pct

0830 Average earnings yy for Jan: Expected 2.6 pct; Prior 2.5 pct

0830 Average workweek hours for Jan: Expected 34.5 ; Prior 34.5

0830 Labor force participation for Jan: Prior 62.7 pct

0830 U6 underemployment for Jan: Prior 8.1 pct

0830 Payrolls benchmark NSA for 2017: Prior -81,000

0830 Payrolls benchmark SA for 2017: Prior -60,000

0945 ISM-New York Index for Jan: Prior 756.7

0945 ISM Newyork Business Conditions for Jan: Prior 56.3

1000 Durables ex-defense R mm for Dec: Prior 2.2 pct

1000 Durable goods R mm for Dec: Prior 2.9 pct

1000 Factory orders mm for Dec: Expected 1.5 pct; Prior 1.3 pct

1000 Durables ex-transport R mm for Dec: Prior 0.6 pct

1000 Nondefense cap ex-air R mm for Dec: Prior -0.3 pct

1000 Factory ex-transport mm for Dec: Prior 0.8 pct

1000 U Mich Sentiment Final for Jan: Expected 95; Prior 94.4

1000 U Mich Conditions Final for Jan: Prior 109.2

1000 U Mich Expectations Final for Jan: Prior 84.8

1000 U Mich 1 year inflation final for Jan: Prior 2.8 pct

1000 U Mich 5-year inflation final for Jan: Prior 2.5 pct

1030 ECRI Weekly Index for Jan 22: Prior 151.5

1030 ECRI weekly annualized for Jan 22: Prior 5.8 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$1.23)

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