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CANADA STOCKS-TSX futures gain on higher crude prices

Published 2019-01-08, 07:34 a/m
Updated 2019-01-08, 07:40 a/m
© Reuters.  CANADA STOCKS-TSX futures gain on higher crude prices

© Reuters. CANADA STOCKS-TSX futures gain on higher crude prices

Jan 8 (Reuters) - Futures for Canada's main stock index rose on Tuesday on advances in oil prices, supported by OPEC-led supply cuts.

March futures on the S&P/TSX index SXFc1 were up 0.6 percent at 7:00 a.m. ET.

Canada's trade data for November is due at 8:30 a.m. ET.

Toronto Stock Exchange S&P/TSX composite index .GSPTSE closed up 77.51 points, or 0.54 percent, at 14,504.13, on Monday. Jones Industrial Average e-mini futures 1YMc1 were up 0.85 percent at 7:00 a.m. ET, while S&P 500 e-mini futures ESc1 were up 0.8 percent and Nasdaq 100 e-mini futures NQc1 were up 0.91 percent. .N

ANALYST RESEARCH HIGHLIGHTS RCH/CA

Canfor Corp CFP.TO : RBC cuts price target to C$23 from C$29.

Toromont Industries Ltd TIH.TO : Canaccord Genuity cuts rating to hold from buy.

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

Gold futures GCcv1 : $1284.6; -0.41 percent. GOL/

US crude CLc1 : $49.14; +1.28 percent. O/R

Brent crude LCOc1 : $58.09; +1.33 percent. O/R

U.S. ECONOMIC DATA DUE ON TUESDAY

1000 JOLTS job openings for Nov: Expected 7.063 mln; Prior 7.079 mln.

1500 Consumer credit for Nov: Expected $17.50 bln; Prior $25.38 bln.

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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