Canada Stocks: TSX futures climb as U.S.- China sign trade deal

COGECO

16/01/2020 12:40

Jan 16 (Reuters) - Canada's main stock index futures rose on
Thursday as the U.S. and China signed their Phase 1 trade deal,
relieving market jitters after the 18-month trade conflict.
    March futures on the S&P/TSX index  SXFc1  were up 0.19% at
7:00 a.m. ET.
    The Toronto Stock Exchange's TSX  GSPTSE  closed up 0.36% to
17,415.17 on Wednesday.  urn:newsml:reuters.com:*:nL8N29K6FJ
    Dow Jones Industrial Average e-mini futures  1YMc1  were up
0.28% at 7:10 a.m. ET, while S&P 500 e-mini futures  ESc1  were
up 0.33% and Nasdaq 100 e-mini futures  NQc1  were up 0.41%. .N 
    
     
    TOP STORIES  TOP/CAN 
Canadian plane and train maker Bombardier Inc  BBDb.TO  said on
Thursday it expects full-year results to be lower than
previously forecast, hurt partly by challenging rail
projects. urn:newsml:reuters.com:*:nL4N29L30Y
Canadian auto parts maker Magna International Inc  MG.TO  on
Thursday said it expects lower vehicle sales in 2020, hurt by a
stronger dollar, the sale of its fluid pressure and controls
business and lower light-vehicle output in Europe.  urn:newsml:reuters.com:*:nL4N29L2R2
Canadian miner Barrick Gold Corp  ABX.TO   GOLD.N  said on
Thursday it expects fourth-quarter gold production to be higher
than the third quarter, benefiting from strong output from its
Turquoise Ridge gold mine in Nevada.  urn:newsml:reuters.com:*:nL4N29L32T
    
    
    ANALYST RESEARCH HIGHLIGHTS  RCH/CA 
    Computer Modelling Group Ltd  CMG.TO : RBC assumes with
sector perform rating and target price of C$8.50 
    Evertz Technologies Ltd  ET.TO : RBC assumes with sector
perform rating and target price of C$19 
    Imperial Oil Ltd  IMO.TO : Citigroup raises target price  to
C$31 from C$30
    
    
    COMMODITIES AT 7:10 a.m. ET  COM/WRAP 
    Gold futures  GCc2 : $1555.5; rose 0.1%  GOL/ 
    US crude  CLc1 : $57.82; rose 0.02%  O/R 
    Brent crude  LCOc1 : $64.17; rose 0.27%  O/R 

    
    
    U.S. ECONOMIC DATA DUE ON THURSDAY
    0830 Import prices mm for Dec: Expected 0.3%; Prior 0.2%
    0830 Export prices mm for Dec: Expected 0.2%; Prior 0.2%
    0830 Import prices yy for Dec: Prior -1.3%
    0830 Initial jobless claims : Expected 216,000; Prior
214,000
    0830 Jobless claims 4-week average : Prior 224,000
    0830 Continued jobless claims : Expected 1.720 mln; Prior
1.803 mln
    0830 (approx.) Philly Fed Business Index for Jan: Expected
3.8; Prior 0.3
    0830 Retail sales ex-autos mm for Dec: Expected 0.5%; Prior
0.1%
    0830 Retail sales mm for Dec: Expected 0.3%; Prior 0.2%
    0830 Retail ex gas/autos for Dec: Prior 0.0%
    0830 Retail control for Dec: Expected 0.4%; Prior 0.1%
    0830 (approx.) Retail sales YoY for Dec: Prior 3.35%
    1000 Business inventories mm for Nov: Expected -0.1%; Prior
0.2%
    1000 Retail inventories ex-auto rev for Nov: Prior -0.2%
    1000 NAHB Housing Market Index for Jan: Expected 75; Prior
76

    
    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 = 1.30 Canadian dollars)
    
    

 (Reporting by Pooja Kesavan in Bengaluru; Editing by Bernard
Orr)
 ((pooja.theikkattu@thomsonreuters.com))