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CANADA STOCKS-Futures point to higher opening for TSX

Published 2018-02-16, 07:25 a/m
Updated 2018-02-16, 07:30 a/m
CANADA STOCKS-Futures point to higher opening for TSX

Feb 16 (Reuters) - Stock futures pointed to a higher opening for Canada's main stock index on Friday as oil prices rose, led by a fall in the U.S. dollar.

March futures on the S&P TSX index SXFc1 were up 0.11 percent at 7:15 a.m. ET.

Canadian manufacturing sales data is expected at 08:30 a.m. ET.

Canada's main stock index rose on Thursday as gains in the financial sector and shares of TransCanada Corp TRP.TO offset a decline in natural resource companies. Jones Industrial Average e-mini futures 1YMc1 were up 0.16 percent at 7:15 a.m. ET, while S&P 500 e-mini futures ESc1 were up 0.23 percent and Nasdaq 100 e-mini futures NQc1 were up 0.3 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

Air Canada AC.TO reported a quarterly profit compared with a loss a year earlier, when the company took a charge of C$91 million related to pension funds. regulator National Energy Board on Thursday issued rulings that allow Kinder Morgan (NYSE:KMI) Canada KML.TO to do additional construction work on an oil pipeline expansion that is fiercely opposed by the province of British Columbia. RESEARCH HIGHLIGHTS RCH/CA

Canadian Tire Corp Ltd CTCa.TO : Barclays (LON:BARC) raises target price to C$187 from C$180

Constellation Software Inc CSU.TO : RBC raises target price to C$950 from C$900

Transcanada Corp TRP.TO : CIBC raises price target to C$77 from C$76

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

Gold futures GCc2 : $1358.2; +0.45 pct GOL/

US crude CLc1 : $61.41; +0.11 pct O/R

Brent crude LCOc1 : $64.47; +0.22 pct O/R

LME 3-month copper CMCU3 : $7215.5; +0.47 pct MET/L

U.S. ECONOMIC DATA DUE ON FRIDAY

0830 Building permits: number for Jan: Expected 1.300 mln; Prior 1.300 mln

0830 Build permits: change mm for Jan: Prior -0.2 pct

0830 Housing starts number mm for Jan: Expected 1.234 mln; Prior 1.192 mln

0830 House starts mm: change for Jan: Prior -8.2 pct

0830 Import prices mm for Jan: Expected 0.6 pct; Prior 0.1 pct

0830 Export prices mm for Jan: Expected 0.3 pct; Prior -0.1 pct

1000 U Mich Sentiment Preliminary for Feb: Expected 95.5 ; Prior 95.7

1000 U Mich Conditions Preliminary for Feb: Expected 112 .0; Prior 110.5

1000 U Mich Expectations Preliminary for Feb: Expected 84.5 ; Prior 86.3

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$1.25)

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