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TSX futures flat as investors focus on U.S.-China trade talks

Published 2019-03-14, 08:28 a/m
© Reuters.  TSX futures flat as investors focus on U.S.-China trade talks

March 14 (Reuters) - Futures on Canada's main stock index traded flat on Thursday, as uncertainties clouded U.S.-China trade talks, weighing on oil prices.

U.S. President Donald Trump said he was in no rush to complete a trade pact with China and insisted that any deal include protection for intellectual property. futures on the S&P/TSX index SXFc2 inched down 0.01 percent at 7:10 a.m. ET.

January new housing price index data is due to be released at 8:30 a.m. ET.

The Toronto Stock Exchange's S&P/TSX .GSPTSE rose 13.31 points, or 0.08 percent, to close the session at 16,149.97 on Wednesday. Jones Industrial Average e-mini futures 1YMc1 were down 0.17 percent at 7:10 a.m. ET, while S&P 500 e-mini futures ESc1 edged down 0.13 percent and Nasdaq 100 e-mini futures NQc1 were down 0.4 percent. .N

TOP STORIES TOP/CAN

The Canadian government said on Wednesday it is beefing up consultations with aboriginal groups to avoid further delays to the Trans Mountain oil pipeline expansion and is confident it will meet a deadline to ensure the critical project goes ahead. RESEARCH HIGHLIGHTS RCH/CA

Great-West Lifeco Inc GWO.TO : CIBC raises rating to outperformer from neutral

Husky Energy Inc HSE.TO : Credit Suisse (SIX:CSGN) cuts rating to neutral from outperform

Aritzia Inc ATZ.TO : RBC raises price target to C$23 from C$22

COMMODITIES AT 7:10 a.m. ET COM/WRAP

Gold futures GCc2 : $1,298.1; -0.86 pct GOL/

US crude CLc1 : $58.14; -0.21 pct O/R

Brent crude LCOc1 : $67.56; +0.01 pct O/R

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U.S. ECONOMIC DATA DUE ON THURSDAY

0830 Import prices mm for Feb: Expected 0.3 pct; Prior -0.5 pct

0830 Export prices mm for Feb: Expected 0.1 pct; Prior -0.6 pct

0830 Initial jobless claims: Expected 225,000; Prior 223,000

0830 Jobless claims 4-week average: Prior 226,250

0830 Continued jobless claims: Expected 1.775 mln; Prior 1.755 mln

1000 New home sales-units for Jan: Expected 0.620 mln; Prior 0.621 mln

1000 New home sales change mm for Jan: Expected -0.6 pct; Prior 3.7 pct

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)

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