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CANADA STOCKS-TSX futures dragged lower by weak oil

Published 2020-08-21, 07:14 a/m
© Reuters.
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Aug 21 (Reuters) - Canada's main stock index futures fell on Friday as a resurgence in coronavirus cases raised concerns of a slow recovery in fuel demand, hurting crude oil prices.

September futures on the S&P/TSX index SXFc1 were down 0.24% at 7:00 a.m. ET.

Data for Canada's new housing price index for July and retail sales for the month of June is due at 8:30 a.m. ET

On Thursday, the Toronto Stock Exchange's S&P/TSX composite index .GSPTSE ended 0.18% lower at 16,606.76 Jones Industrial Average e-mini futures 1YMc1 were down 0.18% at 7:00 a.m. ET, while S&P 500 e-mini futures ESc1 were down 0.18% and Nasdaq 100 e-mini futures NQc1 were down 0.21%. .N

TOP STORIES TOP/CAN

Canada on Thursday outlined a plan to move the unemployed off an emergency COVID-19 income-support program and onto an expanded employment insurance plan that requires people to look for a job to qualify. Canada plans to conduct flight test activities for the validation of Boeing (NYSE:BA) Co's BA.N grounded 737 MAX next week, the regulator told Reuters on Thursday. RESEARCH HIGHLIGHTS RCH/CA

Canadian Imperial Bank Of Commerce CM.TO : Credit Suisse (SIX:CSGN) raises target price to C$95 from C$91

Bank Of Nova Scotia BNS.TO : Credit Suisse cuts target price to C$56 from C$59

Keyera Corp KEY.TO : Canaccord Genuity raises target price to C$29 from C$25

COMMODITIES AT 7:00 a.m. ET

Gold futures GCc2 : $1,127.7; -+1.0% GOL/

US crude CLc1 : $46.39; -+0.64% O/R

Brent crude LCOc1 : $49.85; -+0.6% O/R

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U.S. ECONOMIC DATA DUE ON FRIDAY

0945 Markit Composite Flash PMI for Aug: Prior 50.3

0945 Markit Manufacturing PMI Flash for Aug: Expected 51.9; Prior 50.9

0945 Markit Services PMI Flash for Aug: Expected 51.0; Prior 50.0

1000 Existing home sales for Jul: Expected 5.38 mln; Prior 4.72 mln

1000 Existing home sales percentage change for Jul: Expected 14.7%; Prior 20.7%

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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