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CANADA STOCKS-TSX futures lower after N.Korea fires missile over Japan

Published 2017-08-29, 07:42 a/m
© Reuters.  CANADA STOCKS-TSX futures lower after N.Korea fires missile over Japan
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Aug 29 (Reuters) - Canada's main stock index was set to open lower on Tuesday as investors turned cautious after North Korea fired a missile over Japan's northern Hokkaido island, sparking concerns of fresh tension between Washington and Pyongyang.

A decline in oil prices also weighed on index futures as markets grappled with the damage caused by hurricane Harvey. futures on the S&P TSX index SXFc1 were down 0.66 percent at 7:15 a.m. ET.

Canada producer prices data for July is due at 8:30 a.m. ET ECONCA .

Canada's main stock index was little changed on Monday as a decline in U.S. crude oil prices weighed on shares of energy companies, offsetting a gain in the gold-mining sector. Jones Industrial Average e-mini futures 1YMc1 were down 0.43 percent at 7:15 a.m. ET, while S&P 500 e-mini futures ESc1 were down 0.53 percent and Nasdaq 100 e-mini futures NQc1 were down 0.77 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

Bank of Nova Scotia BNS.TO , Canada's third-biggest lender, reported stronger than expected third-quarter results, driven by a robust performance of its domestic and international operations. of Montreal BMO.TO reported third-quarter earnings which were ahead of expectations, driven by strong growth of its Canadian retail and wealth management businesses. lender Home Capital Group Inc HCG.TO named Canaccord Genuity Group Inc CF.TO veteran Brad Kotush as its chief financial officer, effective September 1. RESEARCH HIGHLIGHTS RCH/CA

Toromont Industries Ltd TIH.TO : Canaccord Genuity raises rating to "buy" from "hold", raises target price to C$58 from C$50

Polaris Materials Corp PLS.TO : Eight Capital cuts rating to "neutral" from "buy", raises price to C$2.79 from C$1.15

COMMODITIES AT 7:15 a.m. ET COM/WRAP

Gold futures GCc1 : $1318.2; +0.65 percent GOL/

US crude CLc1 : $46.64; +0.15 percent O/R

Brent crude LCOc1 : $51.66; -0.44 percent O/R

LME 3-month copper CMCU3 : $6806; +2.1 percent MET/L

U.S. ECONOMIC DATA DUE ON TUESDAY

0900 CaseShiller 20 mm SA for June: Expected 0.2 pct; Prior 0.1 pct

0900 CaseShiller 20 mm NSA for June: Expected 0.8 pct; Prior 0.8 pct

0900 CaseShiller 20 yy for June: Expected 5.7 pct; Prior 5.7 pct

1000 Consumer Confidence for Aug: Expected 120.3; Prior 121.1

1030 Texas Services Sector Outlook for Aug: Prior 10.5

1030 Dallas Fed Services Revenue for Aug: Prior 15.7

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$1.25)

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