Get 40% Off
🤯 Perficient is up a mind-blowing 53%. Our ProPicks AI saw the buying opportunity in March.Read full update

CANADA STOCKS-Futures lower as weak oil drags

Published 2018-08-15, 07:24 a/m
© Reuters.  CANADA STOCKS-Futures lower as weak oil drags

Aug 15 (Reuters) - Futures for Canada's main stock index edged lower on Wednesday as oil prices fell due to a gloomier outlook for global economy and a report of rising U.S. crude inventories.

September futures on the S&P/TSX index SXFc1 were down 0.25 percent at 7:15 a.m. ET.

Canada's main stock index closed up on Tuesday. Jones Industrial Average e-mini futures 1YMc1 were down 0.51 percent at 7:15 a.m. ET, while S&P 500 e-mini futures ESc1 were down 0.46 percent and Nasdaq 100 e-mini futures NQc1 were down 0.65 percent. .N

TOP STORIES TOP/CAN

Constellation Brands Inc (NYSE:STZ) STZ.N said it would invest $4 billion more in Canopy Growth Corp WEED.TO , raising its stake in the Canadian marijuana producer to 38 percent.

Air France-KLM's AIRF.PA board is likely to appoint Air Canada 's AC.TO chief operating officer Benjamin Smith as its new boss on Thursday, according to French newspaper Liberation. RESEARCH HIGHLIGHTS RCH/CA

Superior Plus Corp SPB.TO : Canaccord Genuity raises target price to C$13.75 from C$13.50

Nutrien Ltd NTR.TO : Bernstein cuts target price to C$88.86 from C$89.52

Tmac Resources Inc TMR.TO : CIBC cuts target price to C$8.50 from C$10.50

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

Gold futures GCcv1 : $1191.6; -0.76 percent GOL/

US crude CLc1 : $66.22; -1.22 percent O/R

Brent crude LCOc1 : $71.8; -0.91 percent O/R

LME 3-month copper CMCU3 : $5895; -2.47 percent MET/L

U.S. ECONOMIC DATA DUE ON WEDNESDAY

0830 Newyork Fed Manufacturing for Aug: Expected 20.00; Prior 22.6

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

0830 Labor costs preliminary for Q2: Expected 0.3 pct; Prior 2.9 pct

0830 Productivity preliminary for Q2: Expected 2.3 pct; Prior 0.4 pct

0830 Retail sales ex-autos mm for July: Expected 0.3 pct; Prior 0.4 pct

0830 Retail sales mm for July: Expected 0.1 pct; Prior 0.5 pct

0830 Retail ex gas/autos for July: Prior 0.3 pct

0830 Retail control for July: Expected 0.4 pct; Prior 0.0 pct

0915 Industrial production mm for July: Expected 0.3 pct; Prior 0.6 pct

0915 Capacity utilization mm for July: Expected 78.2 pct; Prior 78.0 pct

0915 Manufacturing output mm for July: Expected 0.3 pct; Prior 0.8 pct

1000 Business inventories mm for June: Expected 0.1 pct; Prior 0.4 pct

1000 Retail inventories ex-buto revenue for June: Prior 0.3 pct

1000 NAHB Housing Market Index for Aug: Expected 67; Prior 68

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$1.31)

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.