Get 40% Off
🤑 This hedge fund gained 26.16% in the last month. Get their top stocks with our free stock ideas tool.See stock ideas

CANADA STOCKS-Futures little changed as weak China data weighs

Published 2017-09-14, 07:38 a/m
CANADA STOCKS-Futures little changed as weak China data weighs
XAU/USD
-
GC
-
HG
-
LCO
-
ESM24
-
CL
-
1YMM24
-
NQM24
-
SXFc1
-
IMO
-
KBHL
-
SU
-

Sept 14 (Reuters) - Canada's main stock index futures were little changed on Thursday after global stocks pulled back from record highs following weaker-than-expected Chinese economic data.

China posted a rare flurry of disappointing data - including its slowest growth in investment in nearly 18 years - suggesting the world's second-largest economy is finally starting to lose some momentum as borrowing costs rise. futures on the S&P TSX index SXFc1 were up 0.01 percent at 7:15 a.m. ET.

New housing price index data for July is due at 08:30 a.m. ET. ECONCA

Canada's main stock index struggled to advance on Wednesday and ended nominally lower as higher crude prices fueled sharp gains by oil and gas companies, while cooling metal prices drove hefty declines in mining firms. Jones Industrial Average e-mini futures 1YMc1 were flat at 7:15 a.m. ET, while S&P 500 e-mini futures ESc1 were down 0.03 percent and Nasdaq 100 e-mini futures NQc1 were down 0.09 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

A Canadian and a Danish pension fund, Ontario Teachers' Pension Plan and ATP, have agreed to buy a 57.7 percent stake in Copenhagen Airports KBHL.CO from Australia's Macquarie MAP.AX for about 9.8 billion Danish crowns ($1.57 billion). lifestyle retailer Roots Corp said on Wednesday it filed a preliminary prospectus with the securities regulatory authorities in Canada for a proposed initial public offering of its common shares. RESEARCH HIGHLIGHTS RCH/CA

Imperial Oil Ltd IMO.TO : JP Morgan raises target price to C$38 from C$36

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

Suncor Energy Inc SU.TO : JP Morgan raises target price to C$42 from C$39

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

Gold futures GCc1 : $1319.6; -0.29 percent GOL/

US crude CLc1 : $49.81; +1.03 percent O/R

Brent crude LCOc1 : $55.71; +1 percent O/R

LME 3-month copper CMCU3 : $6461; -1.4 percent MET/L

U.S. ECONOMIC DATA DUE ON THURSDAY

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

0830 Core CPI yy, NSA for Aug: Expected 1.6 pct; Prior 1.7 pct

0830 CPI Index, NSA for Aug: Expected 245.34; Prior 244.79

0830 Core CPI Index, SA for Aug: Prior 251.91

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

0830 CPI yy, NSA for Aug: Expected 1.8 pct; Prior 1.7 pct

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

0830 Initial jobless claims: Expected 300,000; Prior 298,000

0830 Jobless claims 4 week average: Prior 250,250

0830 Continued jobless claims: Expected 1.985 mln; Prior 1.940 mln

1100 Cleveland fed CPI for Aug: Prior 0.2 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$1.22)

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.