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CANADA STOCKS-TSX futures down amid concerns over trade tensions

Published 2019-08-09, 07:36 a/m
Updated 2019-08-09, 07:40 a/m
© Reuters.  CANADA STOCKS-TSX futures down amid concerns over trade tensions

Aug 9 (Reuters) - Futures for Canada's main stock index were indicating a lower open on Friday, mirroring weaker global markets on the back of ongoing trade tensions between the United States and China.

September futures on the S&P/TSX index SXFc1 were down 0.33% at 7:00 a.m. ET.

Canada's building permits data and employment data are due at 8:30 a.m. ET.

The Toronto Stock Exchange's S&P/TSX .GSPTSE rose 139.31 points, or 0.86%, to 16,404.53 on Thursday. Jones Industrial Average e-mini futures 1YMc1 were down 0.53% at 7:00 a.m. ET, while S&P 500 e-mini futures ESc1 were down 0.63% and Nasdaq 100 e-mini futures NQc1 were down 0.86%. .N

TOP STORIES TOP/CAN

The Canadian government announced final regulations to reduce patented drug prices it said would save Canadians C$13.2 billion over a decade, overriding heavy opposition from pharmaceutical companies. coalition of 32 environmental and indigenous groups on Thursday urged insurers to stop underwriting the Trans Mountain pipeline to pressure Canada to cancel its plan to expand the project, which carries crude from Alberta's oil sands to British Columbia's Pacific coast. RESEARCH HIGHLIGHTS RCH/CA

AltaGas Canada ACI.TO : National Bank of Canada raises target price to C$25 from C$20

Cronos Group Inc CRON.TO : Canaccord Genuity raises rating to hold from sell

KP Tissue Inc KPT.TO : RBC raises rating to outperform from sector perform

COMMODITIES AT 7:00 a.m. ET COM/WRAP

Gold futures GCc2 : $1,504.4; +0.31% GOL/

US crude CLc1 : $53.34; +1.52% O/R

Brent crude LCOc1 : $58.27; +1.55% O/R

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U.S. ECONOMIC DATA DUE ON FRIDAY

0830 PPI final demand yy for Jul: Expected 1.7%; Prior 1.7%

0830 PPI final demand mm for Jul: Expected 0.2%; Prior 0.1

0830 PPI ex food/energy yy for Jul: Expected 2.4; Prior 2.3%

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

0830 PPI ex food/energy/transport yy for Jul: Prior 2.1%

0830 PPI ex food/energy/transport mm for Jul: Prior 0.0%

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$1.32)

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