Aug 11 (Reuters) - Stock futures pointed to a lower opening for Canada's main stock index on Friday as the escalating war of words between the United States and North Korea drove investors toward the yen, Swiss franc and gold.
U.S. President Donald Trump warned North Korea again on Thursday not to strike Guam or U.S. allies, saying his earlier threat to unleash "fire and fury" on Pyongyang if it launched an attack, may not have been tough enough. Futures on the S&P TSX index SXFc1 were down 0.23 percent at 7:15 a.m. ET.
Canada's benchmark stock index hit its lowest close in a month on Thursday as oil prices fell and investors sought refuge in safe-haven assets amid rising tensions between the United States and North Korea. Jones Industrial Average e-mini futures 1YMc1 were down 0.13 percent at 7:15 a.m. ET, while S&P 500 e-mini futures ESc1 were down 0.22 percent and Nasdaq 100 e-mini futures NQc1 were down 0.32 percent. .N
TOP STORIES TOP/CAN
Telus Corp T.TO, one of Canada's biggest telecom companies, reported a smaller-than-expected profit, as higher costs and weak growth in its wireline unit offset gains from its national wireless business. Auto parts maker Magna International Inc 's MG.TO, reported better-than-expected quarterly revenue and profit, helped by higher demand, and raised its full-year sales forecast. Financial Corp MFC.TO, Canada's biggest life insurer, on Thursday played down reports that it is exploring an initial public offering of U.S. unit, John Hancock.
Aimia Inc AIM.TO: CIBC raises rating to "neutral" from "underperformer"
Computer Modelling Group Ltd CMG.TO : Canaccord Genuity raises rating to "hold" from "sell"
Medical Facilities Corp DR.TO : Canaccord Genuity raises rating to "buy" from "hold"
COMMODITIES AT 7:15 a.m. ET COM/WRAP
Gold futures GCc1 : $1287.5; +0.3 percent GOL/
US crude CLc1 : $48.33; -0.54 percent O/R
Brent crude LCOc1 : $51.71; -0.37 percent O/R
LME 3-month copper CMCU3 : $6383; -0.62 percent MET/L
U.S. ECONOMIC DATA DUE ON FRIDAY
0830 Core CPI mm, SA for Jul: Expected 0.2 pct; Prior 0.1 pct
0830 Core CPI yy, NSA for Jul: Expected 1.7 pct; Prior 1.7 pct
0830 CPI Index, NSA for Jul: Expected 244.90; Prior 244.96
0830 Core CPI Index, SA for Jul: Prior 251.63
0830 CPI mm, SA for Jul: Expected 0.2 pct; Prior 0.0 pct
0830 CPI yy, NSA for Jul: Expected 1.8 pct; Prior 1.6 pct
0830 Real weekly earnings mm for Jul: Prior 0.5 pct
1030 ECRI Weekly Index: Prior 144.4
1030 ECRI weekly annualized : Prior 2.8 pct
1100 Cleveland fed CPI for Jul: Prior 0.1 pct
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