Get 40% Off
🤯 This Tech Portfolio is up 29% YTD! Join Now to Get April’s Top PicksGet The Picks – Just 99 USD

TSX futures rise on global cues

Published 2019-06-27, 07:34 a/m
Updated 2019-06-27, 07:40 a/m
TSX futures rise on global cues

TSX futures rise on global cues

June 27 (Reuters) - Stock futures for Canada's main equity index rose on Thursday, as the risk appetite returned to global markets following a media report that the U.S. and China have tentatively agreed to a truce ahead of a highly-anticipated weekend meeting of the two nations' leaders in Tokyo.

U.S. President Donald Trump said on Wednesday that a trade deal with Chinese President Xi Jinping was possible this weekend but he is prepared to impose U.S. tariffs on virtually all remaining Chinese imports if the two countries continue to disagree. futures on the S&P/TSX index SXFc1 were up 0.13% at 7:00 a.m. ET.

Average weekly earnings data for April is due at 8:30 a.m. ET.

The Toronto Stock Exchange's S&P/TSX .GSPTSE fell 59.06 points, or 0.36%, to 16,312.22 on Wednesday. Jones Industrial Average e-mini futures 1YMc1 were down 0.05% at 7:00 a.m. ET, while S&P 500 e-mini futures ESc1 were up 0.2% and Nasdaq 100 e-mini futures NQc1 were up 0.3%. .N

TOP STORIES TOP/CAN

Bank of Nova Scotia BNS.TO , Canada's third biggest lender, said on Wednesday it would sell its operations in Puerto Rico and the U.S. Virgin Islands to Oriental Bank for $560 million in cash. Pieridae Energy PEA.V will buy gas assets in Alberta from Royal Dutch Shell RDSa.L for C$190 million, Pieridae said on Wednesday, securing supply for its planned liquefied natural gas plant in eastern Canada. LNG, a liquefied natural gas (LNG) project in Canada, said it had signed a unit of BP BP.L as its first customer, a crucial step towards developing the export facility. RESEARCH HIGHLIGHTS RCH/CA

Altus Group Ltd AIF.TO : Canaccord Genuity raises price target to C$34 from C$33

Canadian Pacific Railway CP.TO : National Bank of Canada cuts rating to sector perform from outperform

Mega Uranium Ltd MGA.TO : Credit Suisse (SIX:CSGN) starts with neutral rating and a price target of C$55

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

Gold futures GCc2 : $1,409; -0.45% GOL/

US crude CLc1 : $58.84; -0.91% O/R

Brent crude LCOc1 : $65.93; -0.84% O/R

U.S. ECONOMIC DATA DUE ON THURSDAY

0830 Corporate profits revised for Q1: Prior -3.5%

0830 GDP final for Q1: Expected 3.1%; Prior 3.1%

0830 GDP sales final for Q1: Expected 2.5%; Prior 2.5%

0830 GDP cons spending final for Q1: Prior 1.3%

0830 GDP deflator final for Q1: Expected 0.8%; Prior 0.5%

0830 Core PCE prices final for Q1: Expected 1.0%; Prior 1%

0830 PCE prices final for Q1: Expected 0.4%; Prior 0.4%

0830 Initial jobless claims: Expected 220,000; Prior 216,000

0830 Jobless claims 4-week average: Prior 218,750

0830 Continued jobless claims: Expected 1.665 mln; Prior 1.662 mln

1000 Pending Homes Index for May: Prior 104.3

1000 Pending sales change mm for May: Expected 1.0%; Prior -1.5%

1100 KC Fed Manufacturing for June: Prior 2

1100 KC Fed Composite Index for June: Prior 4

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$1.31)

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.