June 27 (Reuters) - Stock futures pointed to a lower opening for Canada's main stock index on Wednesday as investors worried about a full-scale U.S.-China trade war, and how Beijing will respond to U.S. President Donald Trump's policy moves.
June futures on the S&P/TSX index SXFc1 were down 0.11 percent at 7:15 a.m. ET.
The Toronto Stock Exchange's S&P/TSX .GSPTSE rose 96.13 points, or 0.59 percent, to 16,280.09 on Tuesday. Jones Industrial Average e-mini futures 1YMc1 were down 0.49 percent at 7:15 a.m. ET, while S&P 500 e-mini futures ESc1 were down 0.36 percent and Nasdaq 100 e-mini futures NQc1 were down 0.79 percent. .N
TOP STORIES TOP/CAN
Canada's Sun Life Financial Inc SLF.TO expects to double its profit in Asia over the next five years on strong demand for insurance in key markets like China where it was keen to raise its ownership in a joint venture, its chief executive said. Finance Minister Bill Morneau said on Tuesday he wants NAFTA negotiations to resume as soon as possible, adding that while the Canadian economy was doing well tariffs imposed by the United States on steel and aluminum were a problem. Corus Entertainment Inc CJRb.TO on Wednesday reported quarterly revenue that missed Wall Street estimates, hit by weakness in its television business. RESEARCH HIGHLIGHTS RCH/CA
Capreit CAR_u.TO : TD Securities cuts rating to "hold" from "buy"
Killam Apartment Reit KMP_U.TO National Bank of Canada resumes coverage with outperform rating and C$16 price target
COMMODITIES AT 7:15 a.m. ET COM/WRAP
Gold futures GCc2 : $1,257.7; -0.19 pct GOL/
U.S. crude CLc1 : $71.39; +0.84 pct O/R
Brent crude LCOc1 : $76.85; +0.60 pct O/R
LME 3-month copper CMCU3 : $6,709.50; -0.13 pct MET/L
U.S. ECONOMIC DATA DUE ON WEDNESDAY
0830 Durable goods for May: Expected -1.0 pct; Prior -1.6 pct
0830 Durables excluding transport for May: Expected 0.5 pct; Prior 0.9 pct
0830 Durables excluding defense mm for May: Prior -1.9 pct
0830 Non-defense capital goods excluding aircraft for May: Expected 0.5 pct; Prior 1 pct
0830 Advance goods trade balance for May: Prior -67.34 bln
0830 Wholesale inventories advance for May: Prior 0.1 pct
0830 Retail inventories advance for May: Prior 0.4 pct
1000 Pending Homes Index for May: Prior 106.4
1000 Pending sales change mm for May: Expected 0.5 pct; Prior -1.3 pct
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($1= C$1.33)