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CANADA STOCKS-Futures up ahead of U.S. inflation data

Published 2018-03-13, 07:51 a/m
Updated 2018-03-13, 08:00 a/m
© Reuters.  CANADA STOCKS-Futures up ahead of U.S. inflation data

March 13 (Reuters) - Futures for Canada's main stock index pointed to a higher opening on Tuesday ahead of a U.S. inflation reading later in the day.

March futures on the S&P TSX index SXFc1 were up 0.3 percent at 7:35 a.m. ET.

Investors will be closely watching consumer prices data for clues on the pace of Federal Reserve interest rate hikes this year.

Canada's main stock index closed slightly higher on Monday, as gold producers overcame earlier declines and helped offset energy shares that were dragged lower by the price of oil. Jones Industrial Average e-mini futures 1YMc1 were up 0.23 percent at 7:15 a.m. ET, while S&P 500 e-mini futures ESc1 were up 0.2 percent and Nasdaq 100 e-mini futures NQc1 were up 0.11 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

U.S. President Donald Trump spoke on Monday with Canadian Prime Minister Justin Trudeau about the steel and aluminum import tariffs Trump announced last week, the White House said. RESEARCH HIGHLIGHTS RCH/CA

Cargojet Inc CJT.TO : CIBC raises price target to C$74 from C$62

TSO3 Inc TOS.TO : RBC cuts target price to C$1.75 from C$2

Urthecast Corp UR.TO : Canaccord Genuity cuts to hold from speculative buy

COMMODITIES AT 7:35 a.m. ET COM/WRAP

Gold futures GCc2 : $1,1319.2; -0.16 pct GOL/

US crude CLc1 : $61.37; rose 0.02 percent O/R

Brent crude LCOc1 : $64.91; fell 0.06 percent O/R

LME 3-month copper CMCU3 : $6920; rose 0.1 percent MET/L

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U.S. ECONOMIC DATA DUE ON TUESDAY

0830 Core CPI mm, SA for Feb: Expected 0.2 pct; Prior 0.3 pct

0830 Core CPI yy, NSA for Feb: Expected 1.8 pct; Prior 1.8 pct

0830 CPI Index, NSA for Feb: Expected 248.936; Prior 247.867

0830 Core CPI Index, SA for Feb: Prior 255.29

0830 CPI mm, SA for Feb: Expected 0.2 pct; Prior 0.5 pct

0830 CPI yy, NSA for Feb: Expected 2.2 pct; Prior 2.1 pct

0830 Real weekly earnings mm for Feb: Expected 0.3 pct; Prior -0.8 pct

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$1.29)

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