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CANADA STOCKS-TSX futures rise as oil climbs on U.S.-China trade optimism

Published 2018-12-31, 07:33 a/m
© Reuters.  CANADA STOCKS-TSX futures rise as oil climbs on U.S.-China trade optimism
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Dec 31 (Reuters) - Futures for Canada's main stock index were higher on Monday, as oil prices rose on hints of progress on a possible Sino-U.S. trade deal.

U.S. President Donald Trump tweeted he had a "long and very good call" with Chinese President Xi Jinping and that a possible trade deal between the two nations was progressing well. futures on the S&P/TSX index SXFc1 were up 0.75 percent at 7:00 a.m. ET.

The Toronto Stock Exchange's S&P/TSX .GSPTSE rose 56.79 points, or 0.40 percent, to 14,222.00 on Friday to cap off a weekly gain of more than 2 percent, the best weekly performance since February. Jones Industrial Average e-mini futures 1YMc1 were up 0.94 percent at 7:00 a.m. ET, while S&P 500 e-mini futures ESc1 were up 0.91 percent and Nasdaq 100 e-mini futures NQc1 were up 1.06 percent. .N

TOP STORIES TOP/CAN

Large crowds have flocked to Canada Goose's GOOS.TO new outdoor wear store in downtown Beijing, its first in mainland China, since its opening on Friday, despite sub-freezing temperatures and a chill in bilateral ties. AT 7:00 a.m. ET COM/WRAP

Gold futures GCc2 : $1285.6; rose 0.2 percent GOL/

US crude CLc1 : $46.41; rose 2.38 percent O/R

Brent crude LCOc1 : $54.73; rose 2.86 percent O/R

U.S. ECONOMIC DATA DUE ON MONDAY

1030 Dallas Fed manufacturing business index for December: Prior 17.60

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$1.36)

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