Get 40% Off
🚀 AI-picked stocks soar in May. PRFT is +55%—in just 16 days! Don’t miss June’s top picks.Unlock full list

SX futures flat; oil hits 2019 high

Published 2019-04-02, 07:26 a/m
© Reuters.  TSX futures flat; oil hits 2019 high
XAU/USD
-
GC
-
LCO
-
ESM24
-
CL
-
1YMM24
-
NQM24
-
SXFc1
-
GSPTSE
-
CJRb
-
ECS
-
JRV
-
ROOT
-

April 2 (Reuters) - Stock futures for Canada's main stock index were little changed on Tuesday after kicking off the second quarter on an upbeat note in the previous session.

Crude prices hit a 2019 high above $69 a barrel on the prospect that more sanctions against Iran and further Venezuelan disruptions could deepen an OPEC-led supply cut, and as the market became less worried that demand may slow. futures on the S&P/TSX index SXFc1 were up 0.03 percent at 7:00 a.m. ET.

The Toronto Stock Exchange S&P/TSX composite index .GSPTSE closed up 125.97 points, or 0.78 percent, at 16,228.06 on Monday. Jones Industrial Average e-mini futures 1YMc1 were up 0.01 percent at 7:00 a.m. ET, while S&P 500 e-mini futures ESc1 were up 0.03 percent and Nasdaq 100 e-mini futures NQc1 were up 0.01 percent. .N

TOP STORIES TOP/CAN

Bank of Canada Governor Stephen Poloz expressed guarded optimism on Monday that the country would emerge from a soft patch, but maintained a cautious tone overall, saying the economic outlook still warrants an interest rate below the neutral range. Prime Minister Justin Trudeau's insistence that there is little wrong with how he is handling the worst crisis of his tenure is frustrating lawmakers and senior party figures who believe the approach could cost him re-election this October. cobalt developer Jervois Mining JRV.AX on Tuesday said it would buy out Canada-based Ecobalt Solutions Inc ECS.TO , for C$57.6 million, to expand its geographical footprint into the United States. RESEARCH HIGHLIGHTS RCH/CA

Corus Entertainment Inc CJRb.TO : RBC raises target price to C$7.50 from C$7

Roots Corp ROOT.TO : Canaccord Genuity cuts target price to C$5 from C$6

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

Gold futures GCc2 : $1289.4; -0.14 percent GOL/

US crude CLc1 : $62.06; +0.76 percent O/R

Brent crude LCOc1 : $69.21; +0.29 percent O/R

U.S. ECONOMIC DATA DUE ON TUESDAY

0830 Durable goods for Feb: Expected -1.8 pct; Prior 0.3 pct

0830 Durables ex-transport for Feb: Expected 0.2 pct; Prior -0.2 pct

0830 Durables ex-defense mm for Feb: Expected 0.1 pct; Prior 0.7 pct

0830 Nondefense cap ex-air for Feb: Expected 0.0 pct; Prior 0.8 pct

0945 ISM-New York Index for Mar: Prior 860.7

0945 ISM New York Business Conditions for Mar: Prior 61.1

1530 Domestic car sales for Mar: Expected 3.81 mln; Prior 3.65 mln

1530 Total vehicle sales for Mar: Expected 16.80 mln; Prior 16.57 mln

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.