Nov 29 (Reuters) - Stock futures pointed to a higher opening for Canada's main stock index on Wednesday following Royal Bank of Canada's RY.TO strong quarterly results.
December futures on the S&P TSX index SXFc1 were up 0.09 percent at 7:15 a.m. ET.
Canada's main stock index slipped on Tuesday, weighed by a decline in Bank of Nova Scotia BNS.TO shares after the company agreed to buy a bank in Chile, and as investors were rattled after North Korea fired a ballistic missile. Jones Industrial Average e-mini futures 1YMc1 were up 0.31 percent at 7:15 a.m. ET, while S&P 500 e-mini futures ESc1 were up 0.12 percent and Nasdaq 100 e-mini futures NQc1 were up 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
Royal Bank of Canada RY.TO reported fourth-quarter earnings that beat market expectations helped by strong growth in its retail banking, investment banking and wealth management businesses. Corp's TRP.TO Keystone crude pipeline must operate at a 20 percent pressure reduction after it restarts, the U.S. pipeline regulator said on Tuesday, nearly two weeks after the line was shut after it leaked 5,000 barrels of oil in South Dakota. RESEARCH HIGHLIGHTS RCH/CA
Alimentation Couche-Tard ATDb.TO : CIBC raises price target to C$77 from C$71
Bank of Nova Scotia BNS.TO : RBC raises target price to C$91 from C$87
Mountain Province Diamonds Inc MPVD.TO : RBC cuts target price to C$3.70 from C$4.40
COMMODITIES AT 7:15 a.m. ET COM/WRAP
Gold futures GCc1 : $1293.8; fell 0.08 percent GOL/
US crude CLc1 : $57.85; fell 0.24 percent O/R
Brent crude LCOc1 : $63.53; fell 0.13 percent O/R
LME 3-month copper CMCU3 : $6770; fell 0.51 percent MET/L
U.S. ECONOMIC DATA DUE ON WEDNESDAY
0830 Corporate profits preliminary for Q3: Prior 0.1 pct
0830 GDP 2nd estimate for Q3: Expected 3.2 pct; Prior 3.0 pct
0830 GDP sales preliminary for Q3: Expected 2.4 pct; Prior 2.3 pct
0830 GDP cons spending preliminary for Q3: Prior 2.4 pct
0830 GDP deflator preliminary for Q3: Expected 2.2 pct; Prior 2.1 pct
0830 Core PCE prices preliminary for Q3: Expected 1.4 pct; Prior 1.3 pct
0830 PCE prices preliminary for Q3: Expected 1.5 pct; Prior 1.5 pct
1000 Pending Homes Index for Oct: Prior 106.0
1000 Pending sales change mm for Oct: Expected 1.0 pct; Prior 0.0 pct
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Canadian markets directory CANADA ($1= C$1.28)