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CANADA STOCKS-TSX futures slip as oil prices drop on renewed COVID-19 fears

Published 2020-08-26, 07:31 a/m
© Reuters.
XAU/USD
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CSGN
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GC
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LCO
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ESM24
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CL
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1YMM24
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NQM24
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SXFc1
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GSPTSE
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BMO
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BNS
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SPB
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July 23 (Reuters) - Canada's main stock index futures inched lower on Wednesday, dragged by falling oil prices due to renewed fears over the COVID-19 pandemic.

Two European patients are confirmed to have been re-infected with COVID-19, raising concerns about people's immunity to the coronavirus. crude oil futures LCOc1 fell 0.31%, while U.S. West Texas Intermediate crude CLc1 shed 0.48%.

September futures on the S&P/TSX index SXFc1 were down 0.03% at 7:00 a.m. ET.

On Monday, the Toronto Stock Exchange's S&P/TSX composite index .GSPTSE ended 0.06% lower at 16,617.48. Jones Industrial Average e-mini futures 1YMc1 were down 0.18% at 7:00 a.m. ET, while S&P 500 e-mini futures ESc1 were up 0.01% and Nasdaq 100 e-mini futures NQc1 were up 0.39%. .N

ANALYST RESEARCH HIGHLIGHTS RCH/CA

Bank of Montreal BMO.TO : Credit Suisse (SIX:CSGN) raises target price to C$81 from C$75

Bank of Nova Scotia BNS.TO : RBC cuts target price to C$61 from C$64

Superior Plus Corp SPB.TO : Atb Capital raises target price to C$14 from C$13.50

COMMODITIES AT 7:00 a.m. ET

Gold futures GCc2 : $1916.6; +2.1% GOL/

US crude CLc1 : $43.14; -0.48% O/R

Brent crude LCOc1 : $45.72; -0.31% O/R

U.S. ECONOMIC DATA DUE ON WEDNESDAY

0830 Durable goods for Jul: Expected 4.3%; Prior 7.6%

0830 Durables ex-transport for Jul: Expected 2.0%; Prior 3.6%

0830 Durables ex-defense mm for Jul: Prior 9.5%

0830 Nondefense cap ex-air for Jul: Expected 1.9%; Prior 3.4%

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$1.32)

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