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CANADA STOCKS-TSX futures up ahead of GDP data

Published 2017-09-29, 07:28 a/m
© Reuters.  CANADA STOCKS-TSX futures up ahead of GDP data
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Sept 29 (Reuters) - Futures for Canada's main stock index edged higher on Friday ahead of gross domestic product (GDP) data for July.

The economy is forecast to have grown by 0.1 percent in July.

December futures on the S&P TSX index SXFc1 were up 0.14 percent at 7:15 a.m. ET.

GDP data for July and producer prices data for August are due at 8:30 a.m. ET. ECONCA

Canada's main stock index was little changed on Thursday, squeezing out only a modest gain, with a strong rally in BlackBerry Ltd BB.TO and Bombardier Inc BBDb.TO offsetting a slide in energy issues. Jones Industrial Average e-mini futures 1YMc1 were down 0.05 percent at 7:15 a.m. ET, while S&P 500 e-mini futures ESc1 were down 0.04 percent and Nasdaq 100 e-mini futures NQc1 were up 0.13 percent. .N

(Morning News Call newsletter http://share.thomsonreuters.com/assets/newsletters/Morning_News_Call/MNC_US.pdf ; The Day Ahead newsletter http://share.thomsonreuters.com/assets/newsletters/The_Day_Ahead/TDA_NAM.pdf)

TOP STORIES TOP/CAN

Dave McKay, the CEO of Royal Bank of Canada RY.TO , on Thursday pushed back on a suggestion by JPMorgan (NYSE:JPM) JP.N Chief Executive Jamie Dimon that bitcoin is a fraud, though he said the cryptocurrency needs monitoring. RESEARCH HIGHLIGHTS RCH/CA

Blackberry Ltd BBRY.O : RBC raises target price to $10.50 from $9.50

Sandstorm Gold Ltd SSL.TO : Canaccord Genuity raises target price to C$10 FROM C$9.5

COMMODITIES AT 7:15 a.m. ET COM/WRAP

Gold futures GCcv1 : $1288.5; +0.23 percent GOL/

US crude CLc1 : $51.52; -0.08 percent O/R

Brent crude LCOc1 : $57.34; -0.12 percent O/R

LME 3-month copper CMCU3 : $6526.5; +0.07 percent MET/L

U.S. ECONOMIC DATA DUE ON FRIDAY

0830 Personal consumption real mm for Aug: Prior 0.2 pct

0830 Personal income mm for Aug: Expected 0.2 pct; Prior 0.4 pct

0830 Consumption, adjusted mm for Aug: Expected 0.1 pct; Prior 0.3 pct

0830 Core PCE price index mm for Aug: Expected 0.2 pct; Prior 0.1 pct

0830 Core PCE price index yy for Aug: Prior 1.4 pct

0830 PCE price index mm for Aug: Prior 0.1 pct

0830 PCE price index yy for Aug: Prior 1.4 pct

0900 Dallas fed PCE for Aug: Prior 1.4 pct

0945 Chicago PMI for Sep: Expected 58.5; Prior 58.9

1000 U Mich Sentiment Final for Sep: Expected 95.3; Prior 95.3

1000 U Mich Conditions Final for Sep: Expected 113.7; Prior 113.9

1000 U Mich Expectations Final for Sep: Expected 83.2; Prior 83.4

1000 U Mich 1-year inflation Final for Sep: Prior 2.7 pct

1000 U Mich 5-year inflation final for Sep: Prior 2.6 pct

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$1.24)

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