Canada Stocks: TSX futures dip as U.S.-China trade tensions escalate again

Berry (Bry)

20/11/2019 12:29

Nov 20 (Reuters) - Canada's main stock index futures were
lower on Wednesday, as Sino-U.S. trade tensions escalated after
China condemned U.S. Senate measures on Hong Kong. 
    The U.S. senate angered China by passing a bill requiring
annual certification of Hong Kong's autonomy and warning Beijing
against violently suppressing protesters. China demanded that
the United States stop interfering in its internal affairs and
said it would retaliate.  urn:newsml:reuters.com:*:nL2N27Z1VC  urn:newsml:reuters.com:*:nB9N27M025
    U.S. President Donald Trump also threatened to up tariffs on
Chinese goods if a trade deal was not reached soon.  urn:newsml:reuters.com:*:nL2N27Z0YP
    December futures on the S&P/TSX index  SXFc1  were down 0.3%
at 7:00 a.m. ET (1200 GMT).
    Canada's inflation data for October is due at 8:30 a.m. ET. 
    The Toronto Stock Exchange's S&P/TSX composite index fell
0.08% to 17,011.40 on Tuesday.  urn:newsml:reuters.com:*:nL8N27Z6LS
    Dow Jones Industrial Average e-mini futures  1YMc1  were
down 0.3% at 7:00 a.m. ET, while S&P 500 e-mini futures  ESc1 
were down 0.28% and Nasdaq 100 e-mini futures  NQc1  were down
0.37%.  .N 
    
     
    TOP STORIES  TOP/CAN 
    Canadian Prime Minister Justin Trudeau will shuffle his
cabinet on Wednesday and insiders say he may well move Foreign
Minister Chrystia Freeland into a new job and ask her to prevent
a national unity crisis.  urn:newsml:reuters.com:*:nL2N27Z0RW
    U.S. House of Representatives Speaker Nancy Pelosi on
Tuesday conditioned her support for a new U.S.-Mexico-Canada
trade deal on better enforcement of its labor provisions,
defying pressure by the Trump administration to get the deal
done quickly.  urn:newsml:reuters.com:*:nL2N27Z0K5
    
    
    ANALYST RESEARCH HIGHLIGHTS  RCH/CA 
    Berry Petroleum Corp  BRY.O : Keybanc cuts rating to
underweight from sector weight
    Castlight Health Inc  CSLT.N : Canaccord Genuity cuts rating
to hold from buy
    LivePerson Inc  LPSN.O : JP Morgan initiates coverage with
neutral rating
   
    
    COMMODITIES AT 7:00 a.m. ET  COM/WRAP 
    Gold futures  GCc2 : $1474.7; rose 0.03 %  GOL/ 
    US crude  CLc1 : $55.56; rose 0.63 %  O/R 
    Brent crude  LCOc1 : $61.33; rose 0.69 %  O/R 
        
        
    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)


 (Reporting by Swathi Nair in Bengaluru; Editing by Rashmi Aich)
 ((s.nair@thomsonreuters.com))