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CANADA STOCKS-TSX futures point to flat opening

Published 2017-12-15, 07:40 a/m
Updated 2017-12-15, 07:50 a/m
© Reuters.  CANADA STOCKS-TSX futures point to flat opening

Dec 15 (Reuters) - Canada's main stock index futures were little changed on Friday even as oil prices rose amid ongoing OPEC-led production cuts and a pipeline outage in the North Sea.

December futures on the S&P TSX index SXFc1 were down 0.04 percent at 7:15 a.m. ET.

Manufacturing sales data is due at 8:30 a.m. ET ECONCA .

Canada's main stock index fell on Thursday in a broad retreat from an all-time high a day earlier, as financial stocks and energy companies weighed, with Cenovus Energy Inc CVE.TO down sharply after announcing a fresh round of job cuts. Jones Industrial Average e-mini futures 1YMc1 were up 0.29 percent at 7:15 a.m. ET, while S&P 500 e-mini futures ESc1 were up 0.19 percent and Nasdaq 100 e-mini futures NQc1 were up 0.25 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

Canadian auto parts maker Linamar Corp LNR.TO said on Thursday it agreed to buy privately held MacDon Group of Cos for C$1.2 billion ($937 million), to strengthen its presence in the agricultural equipment market. RESEARCH HIGHLIGHTS RCH/CA

K Bro Linen Inc KBL.TO : TD Securities raises price target to C$48 from C$45

ECN Capital Corp ECN.TO : RBC cuts price target to C$4.50 from C$5

Empire Company Ltd EMPa.TO : TD Securities raises price target to C$26 from C$25

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

Gold futures GCc1 : $1256.2; +0.19 percent GOL/

US crude CLc1 : $57.35; +0.54 percent O/R

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Brent crude LCOc1 : $63.43; +0.19 percent O/R

LME 3-month copper CMCU3 : $6802; +0.13 percent MET/L

U.S. ECONOMIC DATA DUE ON FRIDAY

0830 New York Fed Manufacturing for Dec: Expected 18.60; Prior 19.40

0915 Industrial production mm for Nov: Expected 0.3 pct; Prior 0.9 pct

0915 Capacity utilization mm for Nov: Expected 77.2 pct; Prior 77.0 pct

0915 Manufacturing output mm for Nov: Expected 0.3 pct; Prior 1.3 pct

1030 ECRI Weekly Index: Prior 147.3

1030 ECRI weekly annualized: Prior 2.9 pct

1600 Net L-T flows exswaps for Oct: Prior 80.9 bln

1600 Foreign buying, T-bonds for Oct: Prior 12.7 bln

1600 Overall net capital flows for Oct: Prior -51.3 bln

1600 Net L-T flows, including swaps for Oct: Prior 65.1 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$1.28)

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