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CANADA STOCKS-TSX futures rise as oil hits four-year highs

Published 2018-09-25, 07:28 a/m
Updated 2018-09-25, 07:30 a/m
CANADA STOCKS-TSX futures rise as oil hits four-year highs

CANADA STOCKS-TSX futures rise as oil hits four-year highs

September 25 (Reuters) - Stock futures pointed to a higher opening for Canada's main stock index on Tuesday as oil prices touched four-year highs.

Upcoming U.S. sanctions on Iranian crude exports and the apparent reluctance of OPEC and Russia to raise output has pushed crude prices higher. futures on the S&P/TSX index SXFc1 were up 0.3 percent at 7:00 a.m. ET.

The Toronto Stock Exchange's S&P/TSX GSPTSE fell 16.81 points, or 0.10 percent, to 16,207.32 on Monday. Jones Industrial Average e-mini futures 1YMc1 were up 0.32 percent at 7:00 a.m. ET, while S&P 500 e-mini futures ESc1 were up 0.26 percent and Nasdaq 100 e-mini futures NQc1 were up 0.17 percent. .N

TOP STORIES TOP/CAN

As the month-end deadline for North American trade talks nears, Canadian executives who hedge foreign exchange risk have been changing their strategies so their companies can profit from any possible swings in the Canadian dollar. RESEARCH HIGHLIGHTS RCH/CA

North American Construction Group Ltd NOA . Canaccord Genuity raises price target to C$14 from C$11

Onex Corp ONEX . Canaccord Genuity cuts target price to C$108 from C$111

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

Gold futures GCc2 : $1,199.8; +0.2 pct GOL/

US crude CLc1 : $72.51; +0.6 percent O/R

Brent crude LCOc1 : $82.04; +1.03 percent O/R

U.S. ECONOMIC DATA DUE ON TUESDAY

0900 (approx.) Monthly home price mm for Jul: Prior 0.2 pct

0900 (approx.) Monthly home price yy for Jul: Prior 6.5 pct

0900 (approx.) Monthly Home Price Index for Jul: Prior 264

0900 Caseshiller 20 mm SA for Jul: Expected 0.1 pct; Prior 0.1 pct

0900 Caseshiller 20 mm NSA for Jul: Expected 0.5 pct; Prior 0.5 pct

0900 Caseshiller 20 yy for Jul: Expected 6.2 pct; Prior 6.3 pct

1000 Consumer Confidence for Sep: Expected 132; Prior 133.4

1000 Rich Fed Composite Index for Sep: Prior 24

1000 Rich Fed, Services Index for Sep: Prior 31

1000 Rich Fed Manufacturing Shipments for Sep: Prior 23

1030 (approx.) Texas Service Sector Outlook for Sep: Prior 21.5

1030 (approx.) Dallas Fed Services Revenues for Sep: Prior 21.5

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$1.29)

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