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CANADA STOCKS-TSX futures rise as North Korea tensions ebb

Published 2017-08-15, 07:33 a/m
Updated 2017-08-15, 07:40 a/m
© Reuters.  CANADA STOCKS-TSX futures rise as North Korea tensions ebb

Aug 15 (Reuters) - Futures pointed to a higher opening for Canada's main stock index on Tuesday, helped by an easing of tensions around North Korea that drove investors away from riskier assets last week.

North Korean leader Kim Jong Un has delayed a decision on firing missiles towards the U.S. Pacific territory of Guam while he waits to see what the United States does next, the North's state media said, as South Korea's president Moon Jae-in said Seoul would seek to prevent war by all means. futures on the S&P TSX index SXFc1 were up 0.2 percent at 7:15 a.m. ET.

Canada's main stock index rose on Monday as investors jumped back into riskier assets as some tensions eased over North Korea, with heavyweight financials leading gains, while lower oil prices weighed on energy shares. Jones Industrial Average e-mini futures 1YMc1 were up 0.28 percent at 7:15 a.m. ET, while S&P 500 e-mini futures ESc1 were up 0.23 percent and Nasdaq 100 e-mini futures NQc1 were up 0.27 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

Lending to Canadian small businesses rose for a fifth straight month in June on stronger activity in construction and other major industries, data showed on Tuesday, suggesting that companies are adding to solid growth in the domestic economy. RESEARCH HIGHLIGHTS RCH/CA

Husky Energy Inc HSE.TO : Canaccord Genuity raises price target to C$15.50 from C$14.50

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

Gold futures GCc1 : $1274.1; -0.79 percent GOL/ US crude CLc1 : $47.35; -0.53 percent O/R Brent crude LCOc1 : $50.37; -0.71 percent O/R LME 3-month copper CMCU3 : $6408.5; +0.18 percent MET/L

U.S. ECONOMIC DATA DUE ON TUESDAY

0830 New York Fed Manufacturing for Aug: Expected 10.00; Prior 9.80

0830 Import prices mm for July: Expected 0.1 pct; Prior -0.2 pct

0830 Export prices mm for July: Expected 0.2 pct; Prior -0.2 pct

0830 Retail sales ex-autos mm for July: Expected 0.3 pct; Prior -0.2 pct

0830 Retail sales mm for July: Expected 0.4 pct; Prior -0.2 pct

0830 Retail ex gas/autos for July: Prior -0.1 pct

0830 Retail control for July: Expected 0.4 pct; Prior -0.1 pct

1000 Business inventories mm for June: Expected 0.4 pct; Prior 0.3 pct

1000 Retail Inventory Ex Auto (R) for June: Prior 0.5

1000 NAHB Housing Market Index for Aug: Expected 65; Prior 64

1600 Net L-T flows exswaps for June: Prior $91.9 bln

1600 Foreign buying, T-bonds for June: Prior $46.4 bln

1600 Overall net capital flow for June: Prior $57.3 bln

1600 Net L-T flows, including swaps for June: Prior $77.4 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$1.27)

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