Nov 28 (Reuters) - Futures for Canada's main stock index edged higher on Wednesday due to renewed hopes of resolving the ongoing U.S.-China trade dispute at the upcoming G20 summit.
December futures on the S&P/TSX index SXFc1 were up 0.35 percent at 7:00 a.m. ET.
The Toronto Stock Exchange's S&P/TSX .GSPTSE fell 68.56 points, or 0.46 percent, to 14,944.09, on Tuesday. Jones Industrial Average e-mini futures 1YMc1 were up 0.47 percent at 7:00 a.m. ET, while S&P 500 e-mini futures ESc1 were up 0.38 percent and Nasdaq 100 e-mini futures NQc1 were up 0.49 percent. .N
TOP STORIES TOP/CAN
Royal Bank of Canada RY.TO reported a forecast-beating 17 percent jump in fourth-quarter earnings, helped by growth in its retail banking and wealth management divisions. Ensign Energy Services Inc ESI.TO said on Tuesday 56.4 percent of Trinidad Drilling Ltd TDG.TO shares have been tendered in its hostile offer, resulting in rival bidder Precision Drilling Corp PD.TO walking away and the resignation of Trinidad's top executives. RESEARCH HIGHLIGHTS RCH/CA
Bank of Nova Scotia BNS.TO : CIBC cuts price target to C$86 from C$88
Centerra Gold Inc CG.TO : Canaccord Genuity raises price target to C$7.50 from C$6.50
Emera Inc EMA.TO : RBC raises price target to C$50 from C$46
COMMODITIES AT 7:00 a.m. ET COM/WRAP
Gold futures GCcv1 : $1214.8; rose 0.12 percent GOL/
US crude CLc1 : $51.7; rose 0.27 percent O/R
Brent crude LCOc1 : $60.18; fell 0.05 percent O/R
U.S. ECONOMIC DATA DUE ON WEDNESDAY
0800 Build permits number for Oct: Prior 1.263 mln
0800 Build permits R change mm for Oct: Prior -0.6 pct
0830 Corporate profits preliminary for Q3: Expected 2.0 pct; Prior 2.1 pct
0830 GDP 2nd estimate for Q3: Expected 3.5 pct; Prior 3.5 pct
0830 GDP sales preliminary for Q3: Expected 1.4 pct; Prior 1.4 pct
0830 GDP cons spending preliminary for Q3: Prior 4 pct
0830 GDP deflator preliminary for Q3: Expected 1.4 pct; Prior 1.4 pct
0830 Core PCE prices preliminary for Q3: Expected 1.6 pct; Prior 1.6 pct
0830 PCE prices preliminary for Q3: Expected 1.6 pct; Prior 1.6 pct
0830 Advance goods trade balance for Oct: Prior -76.25 bln
0830 Wholesale inventories advance for Oct: Prior 0.4 pct
0830 Retail inventories ex-auto advance for Oct: Prior -0.1 pct
1000 New home sales-units for Oct: Expected 0.575 mln; Prior 0.553 mln
1000 New home sales change mm for Oct: Expected 3.7 pct; Prior -5.5 pct
1000 Rich Fed Composite Index for Nov: Prior 15
1000 Rich Fed, Services Index for Nov: Prior -1
1000 Rich Fed Manufacturing Shipments for Nov: Prior 7
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($1= C$1.33)