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CANADA STOCKS-Oil prices weigh on TSX futures

Published 2017-08-28, 07:27 a/m
© Reuters.  CANADA STOCKS-Oil prices weigh on TSX futures
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Aug 28 (Reuters) - Canada's main stock index futures were trading modestly lower on Monday, tracking losses in U.S. oil prices as markets tried to gauge Tropical Storm Harvey's impact on oil production and refinery demand.

September futures on the S&P TSX index SXFc1 were down 0.08 percent at 7:15 a.m. ET.

Canada's main stock index inched lower on Friday, caught between a plunge in Tahoe Resources Inc THO.TO and jumps in shares of retailer Hudson Bay Co HBC.TO and construction company Aecon Group ARE.TO . Jones Industrial Average e-mini futures 1YMc1 were down 0.09 percent at 7:15 a.m. ET, while S&P 500 e-mini futures ESc1 were down 0.02 percent and Nasdaq 100 e-mini futures NQc1 were down 0.04 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 renewed his threat to scrap NAFTA and ripped on trading partners Canada and Mexico in a tweet early on Sunday, days before the three countries were scheduled to hold a second round of negotiations on rewriting the 23-year-old agreement. new chief executive of German department store chain Kaufhof, owned by Canada's Hudson's Bay Co HBC.TO , denied reports that the group was in a dispute with a lender consortium, in an interview by German weekly Welt am Sonntag. RESEARCH HIGHLIGHTS RCH/CA

Northern Dynasty Minerals Ltd NDM.TO : BMO starts with "market perform" rating, C$2.5 target price

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

Gold futures GCc1 : $1293.5; +0.08 percent GOL/

US crude CLc1 : $47.46; -0.86 percent O/R

Brent crude LCOc1 : $52.64; rose 0.44 percent O/R

LME 3-month copper CMCU3 : $6704; +0.24 percent MET/L

U.S. ECONOMIC DATA DUE ON MONDAY

0830 Advance goods trade balance for July: Prior -$64.01 bln

0830 Advance wholesale inventory for July: Prior 0.7 pct

0830 Advance retail inventory ex auto for July: Prior 0.5 pct

1030 Dallas Fed Manufacturing Business Index for Aug: Prior 16.80

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$1.25)

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