Aug 23 (Reuters) - Canada's stock futures edged higher on Friday, in line with global stock markets, as investors looked to Federal Reserve Chair Jerome Powell's speech to find out whether the U.S. central bank will deliver more rate cuts this year.
Powell is due to speak at 10 a.m. ET at a gathering of central bankers in Jackson Hole, Wyoming.
September futures on the S&P/TSX index SXFc1 were up 0.12% at 7:00 a.m. ET.
Canada's retail sales data for June is due at 8:30 a.m. ET.
The Toronto Stock Exchange S&P/TSX composite index .GSPTSE fell 0.34% to 16,253.46 on Thursday. Jones Industrial Average e-mini futures 1YMc1 were up 0.21% at 7:00 a.m. ET, S&P 500 e-mini futures ESc1 up 0.26% and Nasdaq 100 e-mini futures NQc1 0.33%. .N
TOP STORIES TOP/CAN
Canadian house prices will be flat this year, but will pick up in 2020, driven by lower mortgage rates and solid domestic economic conditions, according to economists and property market analysts polled by Reuters. RESEARCH HIGHLIGHTS RCH/CA
Alimentation Couche-Tard Inc ATDb.TO : Desjardins raises rating to buy from hold; raises target price to C$88 from C$87
Empire Company Ltd EMPa.TO : BMO raises target price to C$42 from C$36
COMMODITIES AT 7:00 a.m. ET COM/WRAP
Gold futures GCc2 : $1494.8; -0.26% GOL/
US crude CLc1 : $55.43; +0.14% O/R
Brent crude LCOc1 : $59.89; -0.05% O/R
U.S. ECONOMIC DATA DUE ON FRIDAY
0800 (approx.) Build permits number for July: Prior 1.336 mln
0800 (approx.) Build permits R change mm for July: Prior 8.4%
1000 New home sales-units for July: Expected 0.649 mln; Prior 0.646 mln
1000 New home sales change mm for July: Expected -0.2%; Prior 7.0%
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$1.33)