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CANADA STOCKS-TSX futures lower as oil prices slip

Published 2018-01-22, 07:41 a/m
© Reuters.  CANADA STOCKS-TSX futures lower as oil prices slip
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Jan 22 (Reuters) - Futures for Canada's main stock index edged lower on Monday as a drop in oil prices weighed on energy stocks, while investors awaited a speedy resolution to the U.S. government shutdown.

March futures on the S&P TSX index SXFc1 were down 0.09 percent at 7:15 a.m. ET.

Wholesale trade data for November is due at 08:30 a.m. ET. ECONCA

Canada's main stock index rose on Friday in a broad-based rally led by financial and industrial shares, while lower oil prices weighed on energy stocks. Jones Industrial Average e-mini futures 1YMc1 were down 0.21 percent at 7:15 a.m. ET, while S&P 500 e-mini futures ESc1 were down 0.08 percent and Nasdaq 100 e-mini futures NQc1 were down 0.06 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

Canada's second largest food retailer Sobeys Inc SOBEF.UL signed a deal to use the ecommerce platform of Ocado OCDO.L to expand its online business, sending shares in the British group up 10 percent on its latest international tie-up. marijuana producer Aurora Cannabis Inc ACB.TO is in talks with rivals CanniMed Therapeutics Inc CMED.TO and Newstrike Resources Ltd HIP.V to buy both businesses in a deal that would create the nation's top weed company, people familiar with the matter told Reuters on Friday. RESEARCH HIGHLIGHTS RCH/CA

Capstone Mining Corp CS.TO : CIBC raises price target to C$2 from C$1.90

Magna International Inc MG.TO : JP Morgan raises target price to $69 from $65

Orocobre Ltd ORL.TO : Eight Capital raises price target to C$9.10 FROM C$7

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

Gold futures GCc1 : $1328.4; -0.26 percent GOL/

US crude CLc1 : $63.35; -0.03 percent O/R

Brent crude LCOc1 : $68.52; -0.13 percent O/R

LME 3-month copper CMCU3 : $7095; +0.77 percent MET/L

U.S. ECONOMIC DATA DUE ON MONDAY

0830 National Activity Index for Dec: Prior 0.15

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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