Get 40% Off
💰 Buffett reveals a $6.7B stake in Chubb. Copy the full portfolio for FREE with InvestingPro’s Stock Ideas toolCopy Portfolios

TSX futures down on U.S-China trade angst

Published 2019-10-08, 07:29 a/m
© Reuters.  CANADA STOCKS-TSX futures down on U.S-China trade angst
XAU/USD
-
C
-
GC
-
LCO
-
ESM24
-
CL
-
1YMM24
-
NQM24
-
SXFc1
-
GSPTSE
-
SU
-
IMO
-
CP
-
002415
-
002236
-

Oct 8 (Reuters) - Canada's main stock index futures fell on Tuesday, as trade tensions between the United States and China heightened after Washington blacklisted more Chinese companies ahead of high-level talks in Washington this week.

The U.S. government widened its trade blacklist on Monday to include some of China's top artificial intelligence startups, including video surveillance firm Hikvision 002415.SZ and surveillance equipment maker Zhejiang Dahua Technology 002236.SZ . futures on the S&P/TSX index SXFc1 were down 0.43% at 7:00 a.m. ET.

Data on housing starts and building permits are due at 0815 a.m. ET and 0830 a.m. ET respectively.

The Toronto Stock Exchange's TSX .GSPTSE closed 0.17% lower to 16,421.82 on Monday. Jones Industrial Average e-mini futures 1YMc1 were down 0.7% at 7:05 a.m. ET, while S&P 500 e-mini futures ESc1 were down 0.68% and Nasdaq 100 e-mini futures NQc1 were down 0.73%. .N

ANALYST RESEARCH HIGHLIGHTS RCH/CA

Canadian Pacific Railway Ltd CP.TO : CIBC cuts target price to C$327 from C$345

Imperial Oil Ltd IMO.TO : Citigroup (NYSE:C) cuts price target to C$30 from C$36

Suncor Energy Inc SU.TO : Citigroup cuts price target to C$47 from C$55

COMMODITIES AT 7:05 a.m. ET COM/WRAP

Gold futures GCc2 : $1506.7; rose 0.4 percent GOL/

US crude CLc1 : $52.17; fell 1.1 percent O/R

Brent crude LCOc1 : $57.78; fell 0.98 percent O/R

U.S. ECONOMIC DATA DUE ON TUESDAY

0600 NFIB Business Optimism Index for Sep: Prior 103.1

0830 PPI final demand yy for Sep: Expected 1.8%; Prior 1.8%

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

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

0830 PPI ex-food/energy yy for Sep: Expected 2.3%; Prior 2.3%

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

0830 PPI ex-food/energy/transport yy for Sep: Prior 1.9%

0830 PPI ex-food/energy/transport mm for Sep: Prior 0.4%

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$1.33)

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.