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CANADA STOCKS-TSX futures rise as oil prices edge higher

Published 2019-01-29, 07:28 a/m
CANADA STOCKS-TSX futures rise as oil prices edge higher
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Jan 29 (Reuters) - Futures for Canada's main stock index edged higher on Tuesday, helped by a rise in oil prices as Washington approved sanctions on Venezuelan state-owned oil firm.

March futures on the S&P/TSX index SXFc1 inched up 0.2 percent at 6:55 a.m. ET.

The Toronto Stock Exchange's S&P/TSX .GSPTSE closed up 12.57 points, or 0.08 percent, to 15,378.62 on Monday. Jones Industrial Average e-mini futures 1YMc1 were marginally higher 0.01 percent at 6:55 a.m. ET, while S&P 500 e-mini futures ESc1 were flat and Nasdaq 100 e-mini futures NQc1 were down 0.06 percent. .N

TOP STORIES TOP/CAN

Canada's M2 Cobalt Corporation MC.V said on Tuesday that its initial drilling indicates that there may be more cobalt in Uganda than previously thought. Aircraft Corp on Monday accused Bombardier Inc BBDb.TO of using "anticompetitive conduct" to limit competition for planes with less than 100 seats, as the Japanese company works to bring its long-delayed regional jet to market. RESEARCH HIGHLIGHTS RCH/CA

IAMGOLD Corp IMG.TO : Desjardins raises rating to buy from hold.

Saputo Inc SAP.TO : BMO cuts price target to C$43 from C$44.

SNC-Lavalin Group Inc SNC.TO : Desjardins cuts rating to hold from buy.

COMMODITIES AT 6:55 a.m. ET COM/WRAP

Gold futures GCc2 : $1,306.6; +0.27 percent GOL/

US crude CLc1 : $52.35; +0.69 percent O/R

Brent crude LCOc1 : $60.35; +0.7 percent O/R

U.S. ECONOMIC DATA DUE ON TUESDAY

0900 Caseshiller 20 mm SA for Nov: Expected 0.4 pct; Prior 0.4 pct.

0900 Caseshiller 20 mm NSA for Nov: Prior 0.0 pct.

0900 Caseshiller 20 yy for Nov: Expected 4.9 pct; Prior 5.0 pct.

1000 Consumer Confidence for Jan: Expected 124.9; Prior 128.1.

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$1.33)

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