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CANADA STOCKS-TSX futures point to lower opening

Published 2019-01-07, 07:26 a/m
© Reuters.  CANADA STOCKS-TSX futures point to lower opening
XAU/USD
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GC
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LCO
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ESU24
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CL
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1YMU24
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NQU24
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SXFc1
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GSPTSE
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MEG
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PEY
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SU
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Jan 7 (Reuters) - Futures for Canada's main stock index traded lower on Monday, as lingering worries over global economic growth offset optimism around ongoing Sino-U.S. trade talks.

March futures on the S&P/TSX index SXFc1 were down 0.31 percent at 7:00 a.m. ET.

Ivey Purchasing Managers Index data is due at 10:00 a.m. ET.

The Toronto Stock Exchange's S&P/TSX .GSPTSE closed 213.87 points, or 1.50 percent, higher to 14,426.62 on Friday. Jones Industrial Average e-mini futures 1YMc1 were up 0.05 percent at 7:15 a.m. ET, while S&P 500 e-mini futures ESc1 were down 0.07 percent and Nasdaq 100 e-mini futures NQc1 were down 0.25 percent. .N

TOP STORIES TOP/CAN

Suncor Energy Inc SU.TO said it expects total upstream production to rise by about 13 percent in the fourth quarter of 2018, driven by higher output from its majority-owned Syncrude oil project in northern Alberta. RESEARCH HIGHLIGHTS RCH/CA

MEG Energy Corp MEG.TO : RBC cuts rating to sector perform from outperform

Peyto Exploration & Development Corp PEY.TO : RBC cuts price target to C$9 from C$12

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

Gold futures GCcv1 : $1,293.3; +0.58 pct GOL/

US crude CLc1 : $49.18; +2.59 pct O/R

Brent crude LCOc1 : $58.48; +2.49 pct O/R

U.S. ECONOMIC DATA DUE ON MONDAY

1000 Employment Trends for Dec: Prior 110.4

1000 Durables ex-defense, R mm for Nov: Prior -0.1 pct

1000 Durable goods, R mm for Nov: Prior 0.8 pct

1000 Factory orders mm for Nov: Expected 0.3 pct; Prior -2.1 pct

1000 Durables ex-transport R mm for Nov: Prior -0.3 pct

1000 Nondefense cap ex-air R mm for Nov: Prior -0.6 pct

1000 Factory ex-transport mm for Nov: Prior 0.3 pct

1000 ISM N-Manufacturing PMI for Dec: Expected 59.1; Prior 60.7

1000 ISM N-Manufacturing Business Activity for Dec: Expected 64.8; Prior 65.2

1000 ISM N-Manufacturing Employment Index for Dec: Prior 58.4

1000 ISM N-Manufacturing New Orders Index for Dec: Prior 62.5

1000 ISM N-Manufacturing Price Paid Index for Dec: Prior 64.3

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$1.34)

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