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CANADA STOCKS-TSX futures dip on trade war threat

Published 2018-03-05, 07:35 a/m
CANADA STOCKS-TSX futures dip on trade war threat

March 5 (Reuters) - Stock futures pointed to a lower opening for Canada's main stock index on Monday amid worries about a global trade war.

March futures on the S&P TSX index SXFc1 were down 0.19percent at 7:15 a.m. ET.

Canada's main stock index slipped to a two-week low onFriday, ending the week with a 1.6 percent decline, as the tradewar threat weighed on energy and industrial shares. Jones Industrial Average e-mini futures 1YMc1 weredown 0.20 percent at 7:15 a.m. ET, while S&P 500 e-mini futures Esc1 were down 0.20 percent and Nasdaq 100 e-mini futures NQc1 were up 0.12 percent. .N (Morning News Call newsletter http://link.reuters.com/nex49s;The Day Ahead newsletter http://link.reuters.com/mex49s)

TOP STORIES TOP/CAN

Ministers from the United States, Canada and Mexico meet onMonday to wrap up the latest round of NAFTA talks under theshadow of U.S. President Donald Trump's proposed steep tariffson steel and aluminum imports. Saputo Inc SAP.TO said on Monday it is discussingplans to sell a milk plant in Victoria state to address concernsfrom Australia's competition watchdog about its buyout of MurrayGoulburn Co-operative MGC.AX . AT 7:15 a.m. ET COM/WRAP

Gold futures GCc2 : $1,325.7; +0.13 pct GOL/

US crude CLc1 : $64.39; +0.04 pct O/R

Brent crude LCOc1 : $61.37; +0.6 pct O/R

LME 3-month copper CMCU3 : $6,895.50; -0.04 pct MET/L

ANALYST RESEARCH HIGHLIGHTS RCH/CA

George Weston Ltd WN.TO : Barclays (LON:BARC) raises target price toC$109 from C$108

Sprott Inc SII.TO : RBC cuts to underperform from sectorperform

U.S. ECONOMIC DATA DUE ON MONDAY

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0945 Markit Composite Final PMI for Feb: Prior 55.9

0945 Markit Services PMI Final for Feb: Prior 55.9

1000 ISM N-Manufacturing PMI for Feb: Expected 59.0; Prior59.9

1000 ISM N-Manufacturing Business Activity for Feb: Prior59.8

1000 ISM N-Manufacturing Employment Index for Feb: Prior61.6

1000 ISM N-Manufacturing New Orders Index for Feb: Prior62.7

1000 ISM N-Manufacturing Price Paid Index for Feb: Prior61.9

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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