Canada Stocks: TSX futures point to flat opening

Bonterra Energy

08/08/2019 12:34

Aug 8 (Reuters) - Futures for Canada's main stock index were
little changed on Thursday, a day after ending a week-long
losing streak as calm returned to global markets.
    September futures on the S&P/TSX index  SXFc1  were up 0.03%
at 7:00 a.m. ET.
    Canada's new housing price index data for June is due to be
released at 8:30 a.m.
    The Toronto Stock Exchange S&P/TSX index  .GSPTSE  rose
115.73 points, or 0.72%, to 16,265.22, on Wednesday.
 urn:newsml:reuters.com:*:nL8N2537PR
    Dow Jones Industrial Average e-mini futures  1YMc1  were up
0.1% at 7:00 a.m. ET, while S&P 500 e-mini futures  ESc1  were
up 0.22% and Nasdaq 100 e-mini futures  NQc1  were up 0.41%.
 .N 
    
    TOP STORIES  TOP/CAN 
    Canada's Magna International Inc  MG.TO  trimmed its sales
forecast for the year, as it expects a drop in vehicle
production in North America and Europe due to weak global demand
and the impact of U.S.-China trade tensions.  urn:newsml:reuters.com:*:nL4N2542QY
    Department store and online retailer Canadian Tire Corp Ltd
 CTCa.TO  reported lower-than-expected quarterly profit, hurt
mainly by lower margins in its petroleum retail business.
 urn:newsml:reuters.com:*:nL4N25433D
    TMX Group  X.TO , Canada's biggest stock exchange operator,
posted quarterly adjusted profit on Wednesday that topped market
expectations, as it reined in operating expenses and benefited
from strength in its global solutions business.  urn:newsml:reuters.com:*:nL2N2531SN
    Canada's largest insurer insurer Manulife Financial Corp
 MFC.TO  on Wednesday edged past estimates for second-quarter
profit, helped by strength in Asia unit, its biggest.
 urn:newsml:reuters.com:*:nL4N2535ML
    
    
    ANALYST RESEARCH HIGHLIGHTS  RCH/CA 
    Argonaut Gold  AR.TO : National Bank of Canada raises target
price to C$3.90 from C$3.75
    Bonterra Energy Corp  BNE.TO : CIBC maintains target price
of C$7
    TMX Group Ltd  X.TO : RBC raises target price to C$118 from
C$106
    
    COMMODITIES AT 7:00 a.m. ET  COM/WRAP 
    Gold futures  GCc2 : $1,497.5; -0.8%  GOL/ 
    US crude  CLc1 : $52.06; +1.9%  O/R 
    Brent crude  LCOc1 : $56.95; +1.28%  O/R 
        
    
    U.S. ECONOMIC DATA DUE ON THURSDAY
    0830 Initial jobless claims: Expected 215,000; Prior 215,000
    0830 Jobless claims 4-week average: Prior 211,500
    0830 Continued jobless claims: Expected 1.690 mln; Prior
1.699 mln
    1000 Wholesale inventory, R mm for Jun: Expected 0.2%; Prior
0.2%
    1000 Wholesale sales mm for Jun: Expected 0.2%; Prior 0.1%

    
    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 Hrithik Kiran Bagade in Bengaluru; Editing by
Bernard Orr)
 ((hrithik.bagade@thomsonreuters.com))