March 15 (Reuters) - Futures for Canada's main stock index edged higher on Friday on fresh hopes of a resolution to the trade dispute between the United States and China.
The Xinhua new agency reported that Chinese Vice Premier Liu He spoke by telephone with U.S. Treasury Secretary Steven Mnuchin and U.S. Trade Representative Robert Lightizer, and the two sides made substantive progress on the talks. futures on the S&P/TSX index SXFc1 were up 0.32 percent at 7:00 a.m. ET.
January manufacturing sales data is due to be released at 8:30 a.m. ET.
The Toronto Stock Exchange's S&P/TSX .GSPTSE fell 62.42 points, or 0.39 percent, to close at 16,087.55 on Thursday. Jones Industrial Average e-mini futures 1YMc1 were up 0.49 percent at 7:00 a.m. ET, while S&P 500 e-mini futures ESc1 edged up 0.45 percent and Nasdaq 100 e-mini futures NQc1 were up 0.62 percent. .N
TOP STORIES TOP/CAN
Air Canada AC.TO suspended its previous forecast for the first quarter and full year after Canada grounded Boeing (NYSE:BA) Co's BA.N 737 MAX jets following a deadly crash in Ethiopia on Sunday. global debt is slowing economic growth and making Canada, and the rest of the world, more vulnerable to another period of financial instability, Bank of Canada Senior Deputy Governor Carolyn Wilkins said on Thursday. federal judge in Manhattan on Thursday dismissed a lawsuit by investors that accused nine large banks, including six from Canada, of conspiring to manipulate a Canadian rate benchmark to improve profits from derivatives trading. RESEARCH HIGHLIGHTS RCH/CA
Hexo Corp HEXO.TO : Canaccord Genuity raises price target to C$10 from C$7.50
Premium Brands Holdings Corp PBH.TO : CIBC cuts price target to C$72 from C$82
WSP Global Inc WSP.TO : CIBC raises price target to C$81 from C$77
COMMODITIES AT 7:00 a.m. ET COM/WRAP
Gold futures GCc2 : $1,302.7; +0.59 pct GOL/
US crude CLc1 : $58.65; +0.07 pct O/R
Brent crude LCOc1 : $66.99; -0.36 pct O/R
U.S. ECONOMIC DATA DUE ON FRIDAY
0830 NY Fed Manufacturing for Mar: Expected 10.00; Prior 8.80
0915 Industrial production mm for Feb: Expected 0.4 pct; Prior -0.6 pct
0915 Capacity utilization SA for Feb: Expected 78.4 pct; Prior 78.2 pct
0915 Manufacturing output mm for Feb: Expected 0.3 pct; Prior -0.9 pct
0915 Industrial production YoY for Feb: Prior 3.80 pct
1000 JOLTS job openings for Jan: Expected 7.310 mln; Prior 7.335 mln
1000 U Mich Sentiment Preliminary for Mar: Expected 95.3; Prior 93.8
1000 U Mich Conditions Preliminary for Mar: Expected 111.0; Prior 108.5
1000 U Mich Expectations Preliminary for Mar: Expected 86.0; Prior 84.4
1000 U Mich 1-year inflation preliminary for Mar: Prior 2.6 pct
1000 U Mich 5-year inflation preliminary for Mar: Prior 2.3 pct
1600 Net L-T flows, exswaps for Jan: Prior -$48.3 bln
1600 Foreign buying, T-bonds for Jan: Prior -$77.4 bln
1600 Overall net capital flows for Jan: Prior -$33.1 bln
1600 Net L-T flows, inclusion swaps for Jan: Prior -$66.6 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$1.33)