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CANADA STOCKS-Futures edge up as higher gold offsets lower oil

Published 2019-09-23, 07:41 a/m
© Reuters.  CANADA STOCKS-Futures edge up as higher gold offsets lower oil

Sept 23 (Reuters) - Futures for Canada's main stock index were slightly higher on Monday, as gains in gold prices on global growth worries offset a pullback in oil prices.

September futures on the S&P/TSX index SXFc1 were up 0.04% at 7:15 a.m. ET.

Wholesale trade data for July is due at 8:30 a.m. ET.

The Toronto Stock Exchange S&P/TSX composite index .GSPTSE rose 0.25% to 16,899.69 on Friday. Jones Industrial Average e-mini futures 1YMc1 were down 0.03% at 7:15 a.m. ET, while S&P 500 e-mini futures ESc1 were up 0.07% and Nasdaq 100 e-mini futures NQc1 were up 0.21%. .N

TOP STORIES TOP/CAN

Canada's Brookfield Asset Management BAMa.TO and Dubai's Meraas Holding have agreed to form a joint venture valued at 5 billion dirham to own and operate Meraas' retail assets. RESEARCH HIGHLIGHTS RCH/CA

MEG Energy Corp MEG.TO : UBS raises target price to C$6 from C$5.50

Leagold Mining Corp LMC.TO : TD Securities initiates with 'buy', C$4.50 target price

Loblaw Cos Ltd L.TO : Scotiabank raises target price to C$78 from C$69

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

Gold futures GCc2 : $1,519.6; +0.77% GOL/

US crude CLc1 : $57.83; -0.45% O/R

Brent crude LCOc1 : $64.07; -0.33% O/R

U.S. ECONOMIC DATA DUE ON MONDAY

0830 National Activity Index for Aug: Prior -0.36

0945 Markit Composite Flash PMI for Sep: Prior 50.7

0945 Markit Manufacturing PMI Flash for Sep: Expected 50.3; Prior 50.3

0945 Markit Services PMI Flash for Sep: Expected 51.5; Prior 50.7

FOR CANADIAN MARKETS NEWS, CLICK ON CODES:

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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$1.33)

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