Oct 18 (Reuters) - Stock futures pointed to a higher opening for Canada's main stock index on Wednesday as oil prices rose on an expected fall in U.S. inventories and geopolitical tensions around oil-rich Iraq and Iran.
December futures on the S&P TSX index SXFc1 were up 0.11 percent at 7:15 a.m. ET.
Manufacturing sales data for August is due at 08:30 a.m. ET.
Canada's main stock index inched higher on Tuesday, helped by a rise in Bombardier Inc BBDb.TO shares and financial stocks. Jones Industrial Average e-mini futures 1YMc1 were up 0.30 percent at 7:15 a.m. ET, while S&P 500 e-mini futures Esc1 were up 0.07 percent and Nasdaq 100 e-mini futures NQc1 were up 0.09 percent. .N (Morning News Call newsletter http://link.reuters.com/nex49s; The Day Ahead newsletter http://link.reuters.com/mex49s)
TOP STORIES TOP/CAN
Boeing (NYSE:BA) Co BA.N said on Tuesday that Bombardier Inc's BBDb.TO CSeries jets could still be hit with high U.S. import duties, even if they are assembled in Alabama through an industry-changing deal with Airbus AIR.PA . Corus Entertainment Inc CJRb.TO reported a better-than-expected profit on Wednesday as the media company benefited from cost savings. oil sands producers are stuck in a rut. The nation's oil firms are retrenching, with large producers planning little or no further expansion and some smaller projects struggling even to cover their operating costs. AT 7:15 a.m. ET COM/WRAP
Gold futures GCc2 : $1,270.7; -0.29 pct GOL/
US crude CLc1 : $52.39; +0.42 pct O/R
Brent crude LCOc1 : $58.85; +0.51 pct O/R
LME 3-month copper CMCU3 : $7,059.50; -0.16 pct MET/L
ANALYST RESEARCH HIGHLIGHTS RCH/CA
Canadian Pacific Railway CP.TO : National Bank of Canada ups target price to C$226
GDI Integrated Facility Services GDI.TO : Desjardins starts with buy rating
U.S. ECONOMIC DATA DUE ON WEDNESDAY
0830 Building permits: number for Sep: Expected 1.245 mln; Prior 1.272 mln
0830 Build permits: change mm for Sep: Prior 3.4 pct
0830 Housing starts number mm for Sep: Expected 1.180 mln; Prior 1.180 mln
0830 House starts mm: change for Sep: Prior -0.8 pct
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($1= C$1.24)