Sept 3 (Reuters) - Canada's main stock index futures rose on Thursday, ahead of an expected uptick in domestic trade data for July, while promises of more global fiscal and monetary stimulus further bolstered sentiment.
The trade deficit is likely to have narrowed to C$2.50 billion ($1.91 billion) in July from C$3.19 billion in June, as per Reuters poll.
Canada's trade data for July is due at 8:30 a.m. ET.
September futures on the S&P/TSX index SXFc1 were up 0.14% at 7:00 a.m. ET.
On Wednesday, the Toronto Stock Exchange's S&P/TSX composite index .GSPTSE ended 0.32% higher at 16,697.97. Jones Industrial Average e-mini futures 1YMc1 were down 0.13% at 7:00 a.m. ET, while S&P 500 e-mini futures ESc1 were down 0.37% and Nasdaq 100 e-mini futures NQc1 were down 0.84%. .N
TOP STORIES TOP/CAN
Altice USA Inc's ATUS.N C$10.3 billion ($7.9 billion) offer on Wednesday to snap up the U.S. assets of Cogeco Inc CGO.TO and sell the rest to Rogers Communications Inc RCIb.TO has been rejected by the Canadian cable company's top investor. RESEARCH HIGHLIGHTS RCH/CA
Alimentation Couche-Tard ATDb.TO : RBC raises target price to C$54 from C$53
Cogeco Communications Inc CCA.TO : RBC raises target price to C$117 from C$109
Enghouse Systems Ltd ENGH.TO : RBC raises target price to C$88 from C$75
COMMODITIES AT 7:00 a.m. ET
Gold futures GCc2 : $1928.7; -0.42% GOL/
US crude CLc1 : $40.77; -1.78% O/R
Brent crude LCOc1 : $43.67; -1.71% O/R
U.S. ECONOMIC DATA DUE ON THURSDAY
0730 Challenger layoffs for Aug: Prior 262,649
0830 International trade for Jul: Expected -$58.0 bln; Prior -$50.7 bln
0830 Goods trade balance (R) for Jul: Prior -79.32 bln
0830 Initial jobless clm : Expected 950,000; Prior 1,006,000
0830 Jobless clm 4week average : Prior 1,068,000
0830 Continue jobless claim : Expected 14.000 mln; Prior 14.535 mln
0830 Labor costs revised for Q2: Expected 12.1%; Prior 12.2%
0830 Productivity revised for Q2: Expected 7.5%; Prior 7.3%
0945 Markit Composite Final PMI for Aug: Prior 54.7
0945 Markit Services PMI Final for Aug: Prior 54.8
1000 ISM N-Manufacturing PMI for Aug: Expected 57.0; Prior 58.1
1000 ISM N-Manufacturing Business Activity for Aug: Expected 65.0; Prior 67.2
1000 ISM N-Manufacturing Employment Index for Aug: Prior 42.1
1000 ISM N-Manufacturing New Orders Index for Aug: Prior 67.7
1000 ISM N-Manufacturing Price Paid Index for Aug: Prior 57.6
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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= C1.3095)