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CANADA STOCKS-Futures fall as selloff sweeps global markets

Published 2018-10-11, 07:26 a/m
CANADA STOCKS-Futures fall as selloff sweeps global markets
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RRS
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LCO
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ESU24
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NG
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1YMU24
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GOLD
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Oct 11 (Reuters) - Futures for Canada's main stock index fell on Thursday following a rout in world markets, as jitters over rising U.S. Treasury yields and signs of slowing global growth sparked a broad selloff of risky assets.

December futures on the S&P/TSX index SXFc1 were down 1.3 percent at 6:55 a.m. ET.

New housing price index data for August is due at 8:30 a.m. ET.

The Toronto Stock Exchange's S&P/TSX .GSPTSE fell 336.65 points, or 2.12 percent, to 15,517.40 on Wednesday. Jones Industrial Average e-mini futures 1YMc1 were down 0.8 percent at 6:55 a.m. ET, while S&P 500 e-mini futures ESc1 were down 0.8 percent and Nasdaq 100 e-mini futures NQc1 were down 0.7 percent. .N

TOP STORIES TOP/CAN

Barrick Gold Corp ABX.TO , which recently announced a $6.1 billion deal to acquire Randgold Resources (LON:RRS) Ltd affirmed its 2018 gold and copper production forecast on Wednesday, reflecting improvements in operations. Inc ENB.TO said on Wednesday it had approval to restart operations on a 30-inch natural gas pipeline in northern British Columbia, after a fire in an adjacent line led to disruptions for refineries in the U.S. state of Washington. Supreme Court upheld an environmental order for a gold mine owned by Canada's Kinross Gold Corp K.TO to close its water pumping wells, the environmental regulator said on Wednesday, bringing the curtain down on a long-running dispute that sparked the Toronto-based miner's retreat from Chile. RESEARCH HIGHLIGHTS RCH/CA

Celestica Inc CLS.TO : Macquarie raises price target to C$17.80 from C$16.90

Leagold Mining Corp LMC.TO : CIBC cuts target price to C$4.25 from C$5

Source Energy Services Ltd SHLE.TO : Morgan Stanley (NYSE:MS) cuts target price to C$4.5 from C$6.5

COMMODITIES AT 6:55 a.m. ET COM/WRAP

Gold futures GCc2 : $1204.1; +1.12 percent GOL/

US crude CLc1 : $71.91; -1.72 percent O/R

Brent crude LCOc1 : $81.45; -1.97 percent O/R

U.S. ECONOMIC DATA DUE ON THURSDAY

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

0830 Core CPI yy, NSA for Sep: Expected 2.3 pct; Prior 2.2 pct

0830 CPI Index, NSA for Sep: Expected 252.688; Prior 252.146

0830 Core CPI Index, SA for Sep: Prior 258.14

0830 CPI mm, SA for Sep: Expected 0.2 pct; Prior 0.2 pct

0830 CPI yy, NSA for Sep: Expected 2.4 pct; Prior 2.7 pct

0830 Real weekly earnings mm for Sep: Expected 0.1 pct; Prior 0.1 pct

0830 CPI mm NSA for Sep: Prior 0.06 pct

0830 CPI Index SA for Sep: Prior 251.850

0830 CPI, Potatoes for Sep: Prior 353.16

0830 Initial jobless claims : Expected 206,000; Prior 207,000

0830 Jobless claims 4-week average : Prior 207,000

0830 Continued jobless claims : Expected 1.660 mln; Prior 1.650 mln

1100 Cleveland fed CPI for Sep: Prior 0.1 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$1.30)

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