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CANADA STOCKS-TSX futures down; jobs report, Hurricane Irma in focus

Published 2017-09-08, 07:44 a/m
CANADA STOCKS-TSX futures down; jobs report, Hurricane Irma in focus
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Sept 8 (Reuters) - Canada's main stock index futures pointed to a lower opening on Friday ahead of jobs data and as investors remained cautious over Hurricane Irma, one of the most powerful storms in a century that drove towards Florida.

September futures on the S&P TSX index SXFc1 were down 0.11 percent at 7:15 a.m. ET.

Employment data for August and capacity utilization data for Q2 are due at 08:30 a.m. ET. ECONCA

Canada's main stock index fell on Thursday, pressured by a retreat in energy and financial stocks as investors tracked Hurricane Irma and falling global bond yields. Jones Industrial Average e-mini futures 1YMc1 were down 0.36 percent at 7:15 a.m. ET, while S&P 500 e-mini futures ESc1 were down 0.31 percent and Nasdaq 100 e-mini futures NQc1 were down 0.26 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

Canadian retailer Hudson's Bay HBC.TO signalled it had no intention of selling German department store chain Kaufhof, after people familiar with the matter said Austrian real estate company Signa Holding was considering a bid. Corp TRP.TO seeks to suspend the application for its Energy East pipeline for 30 days and may abandon the project, the company said on Thursday, weeks after Canada's National Energy Board announced a tougher review process. RESEARCH HIGHLIGHTS RCH/CA

Dollarama Inc DOL.TO : Desjardins raises target price to C$154 from C$134

Hudson's Bay Co HBC.TO : RBC raises price target to C$10 from C$9

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

Gold futures GCc1 : $1354.3; +0.68 percent GOL/

US crude CLc1 : $48.93; -0.33 percent O/R

Brent crude LCOc1 : $54.7; +0.39 percent O/R

LME 3-month copper CMCU3 : $6797; -1.47 percent MET/L

U.S. ECONOMIC DATA DUE ON FRIDAY

1000 Wholesale inventory, revised mm for July: Prior 0.4 pct

1000 Wholesale sales mm for July: Expected 0.4 pct; Prior 0.7 pct

1500 Consumer credit for July: Expected 15.10 bln; Prior 12.40 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$1.21)

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