Aug 26 (Reuters) - Futures for Canada's main stock index edged higher on Monday, bolstered by a rise in oil prices, as the United States and China sought to ease trade war tensions.
U.S. President Donald Trump, speaking on the sidelines of the G7 summit of world leaders in France, said Chinese officials had contacted U.S. trade counterparts overnight and offered to return to the negotiating table. futures on the S&P/TSX index SXFc1 were up 0.9% at 7:00 a.m. ET.
The Toronto Stock Exchange S&P/TSX composite index .GSPTSE fell 1.33% to 16,037.58 on Friday. Jones Industrial Average e-mini futures 1YMc1 were up 0.67% at 7:00 a.m. ET, while S&P 500 e-mini futures ESc1 were up 0.5% and Nasdaq 100 e-mini futures NQc1 were up 0.75%. .N
ANALYST RESEARCH HIGHLIGHTS RCH/CA
Golden Star Resources Ltd GSC.TO : Desjardins cuts rating to hold from buy
Profound Medical Corp PRN.TO : Raymond James initiates coverage with outperform rating and C$4 target price
COMMODITIES AT 7:00 a.m. ET COM/WRAP
Gold futures GCc2 : $1532.3; +0.29 percent GOL/
US crude CLc1 : $54.58; +0.76 percent O/R
Brent crude LCOc1 : $59.61; +0.46 percent O/R
U.S. ECONOMIC DATA DUE ON MONDAY
0830 Durable goods for July: Expected 1.1%; Prior 1.9%
0830 Durables ex-transport for July: Expected 0.0%; Prior 1.0%
0830 Durables ex-defense mm for July: Prior 2.9%
0830 Nondefense cap ex-air for July: Expected -0.1%; Prior 1.5%
0830 National Activity Index for July: Prior -0.02
1030 (approx.) Dallas Fed Manufacturing Business Index for Aug: Prior -6.30
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)