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CANADA STOCKS-Futures up on steady oil prices

Published 2018-08-09, 07:38 a/m
CANADA STOCKS-Futures up on steady oil prices

Aug 9 (Reuters) - Futures for Canada's main stock index edged up on Thursday, as oil prices steadied after the first round of U.S. sanctions against Iran came into effect.

September futures on the S&P/TSX index SXFc1 were up 0.05 percent at 7:15 a.m. ET.

Housing starts data for July is due at 8:15 a.m. ET.

Canada's main stock index edged up on Wednesday. Jones Industrial Average e-mini futures 1YMc1 were down 0.01 percent at 7:15 a.m. ET, while S&P 500 e-mini futures ESc1 were up 0.05 percent and Nasdaq 100 e-mini futures NQc1 were up 0.03 percent. .N

TOP STORIES TOP/CAN

Luxury parka maker Canada Goose GOOS.TO reported a smaller-than-expected first-quarter loss, amid growing revenue from its direct-to-consumer business. Canadian Tire Corp Ltd CTCa.TO reported a 20 pct fall in quarterly profit, as the company ramped up investments in its stores and online business. Resources Ltd TCKb.TO said on Wednesday it had received regulatory approval for its $4.8 billion Phase 2 project at its Quebrada Blanca copper mine in northern Chile, a sprawling expansion that will boost production from the deposit to 300,000 tonnes of copper annually. of Canada's biggest insurance companies, Manulife Financial MFC.TO and Sun Life SLF.TO , on Wednesday reported second-quarter earnings which beat market expectations, benefiting in part from strong growth in Asia. RESEARCH HIGHLIGHTS RCH/CA

Stantec Inc STN.TO : Canaccord Genuity raises to buy from hold; raises target price to C$37 from C$34

Solium Capital Inc SUM.TO : Canaccord Genuity raises price target to C$14 from C$12.75

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Goeasy Ltd GSY.TO : Desjardins raises target price to C$55 from C$48

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

Gold futures GCcv1 : $1222; +0.08 percent GOL/

US crude CLc1 : $66.91; -0.04 percent O/R

Brent crude LCOc1 : $72.32; +0.06 percent O/R

LME 3-month copper CMCU3 : $6279; +1.72 percent MET/L

U.S. ECONOMIC DATA DUE ON THURSDAY

0830 Initial jobless claims: Expected 220,000; Prior 218,000

0830 Jobless claims 4-week average: Prior 214,500

0830 Continued jobless claims: Expected 1.740 mln; Prior 1.724 mln

0830 PPI final demand yy for Jul: Expected 3.4 pct; Prior 3.4 pct

0830 PPI final demand mm for Jul: Expected 0.2 pct; Prior 0.3 pct

0830 PPI ex food/energy yy for Jul: Expected 2.8 pct; Prior 2.8 pct

0830 PPI ex food/energy mm for Jul: Expected 0.2 pct; Prior 0.3 pct

0830 PPI ex food/energy/transport yy for Jul: Prior 2.7 pct

0830 PPI ex food/energy/transport mm for Jul: Prior 0.3 pct

1000 Wholesale inventory (y), R mm for Jun: Expected 0.0 pct; Prior 0.0 pct

1000 Wholesale sales mm for Jun: Prior 2.5 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$1.30)

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