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CANADA STOCKS-TSX futures little changed after July GDP data

Published 2017-09-29, 09:13 a/m
© Reuters.  CANADA STOCKS-TSX futures little changed after July GDP data
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Sept 29 (Reuters) - Futures for Canada's main stock index were little changed on Friday after data showed the economy paused in July following eight consecutive months of growth.

Declines in oil extraction and the manufacturing sector hit Canada's gross domestic product, which was unchanged in July and missed economists' expectations for a 0.1 percent increase. futures on the S&P TSX index SXFc1 were up 0.15 percent at 8:55 a.m. ET.

Canada's main stock index was little changed on Thursday, squeezing out only a modest gain, with a strong rally in BlackBerry Ltd BB.TO and Bombardier Inc BBDb.TO offsetting a slide in energy issues. Jones Industrial Average e-mini futures 1YMc1 were down 0.13 percent at 8:55 a.m. ET, while S&P 500 e-mini futures ESc1 were down 0.07 percent and Nasdaq 100 e-mini futures NQc1 were up 0.11 percent. .N

(Morning News Call newsletter http://share.thomsonreuters.com/assets/newsletters/Morning_News_Call/MNC_US.pdf ; The Day Ahead newsletter http://share.thomsonreuters.com/assets/newsletters/The_Day_Ahead/TDA_NAM.pdf)

TOP STORIES TOP/CAN

Dave McKay, the CEO of Royal Bank of Canada RY.TO , on Thursday pushed back on a suggestion by JPMorgan (NYSE:JPM) JP.N Chief Executive Jamie Dimon that bitcoin is a fraud, though he said the cryptocurrency needs monitoring. RESEARCH HIGHLIGHTS RCH/CA

Blackberry Ltd BBRY.O : RBC raises target price to $10.50 from $9.50

Sandstorm Gold Ltd SSL.TO : Canaccord Genuity raises target price to C$10 FROM C$9.5

COMMODITIES AT 9:00 a.m. ET COM/WRAP

Gold futures GCc1 : $1288.9; +0.26 percent GOL/

US crude CLc1 : $51.53; -0.06 percent O/R

Brent crude LCOc1 : $57.32; -0.16 percent O/R

LME 3-month copper CMCU3 : $6533; +0.17 percent MET/L

U.S. ECONOMIC DATA DUE ON FRIDAY

0945 Chicago PMI for Sep: Expected 58.5; Prior 58.9

1000 U Mich Sentiment Final for Sep: Expected 95.3; Prior 95.3

1000 U Mich Conditions Final for Sep: Expected 113.7; Prior 113.9

1000 U Mich Expectations Final for Sep: Expected 83.2; Prior 83.4

1000 U Mich 1-year inflation Final for Sep: Prior 2.7 pct

1000 U Mich 5-year inflation final for Sep: Prior 2.6 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$1.25)

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