Canada Stocks: Futures rise as U.S-China trade talks expected to resume

DREAM Unlimited

16/08/2018 12:27

Aug 16 (Reuters) - Futures for Canada's main stock index
rose on Thursday after China said it would hold trade talks with
the United States later this month, while the Turkish lira
continued to recover from its fall last week.
    September futures on the S&P/TSX index  SXFc1  were up 0.55
percent at 7:15 a.m. ET.
    Manufacturing sales data for June is due at 8:30 a.m. ET.
    Canada's main stock index slipped on Wednesday.  urn:newsml:reuters.com:*:nL4N1V64HV
    Dow Jones Industrial Average e-mini futures  1YMc1  were up
0.79 percent at 7:15 a.m. ET, while S&P 500 e-mini futures
 ESc1  were up 0.51 percent and Nasdaq 100 e-mini futures  NQc1 
were up 0.79 percent.  .N 
    
     
    TOP STORIES  TOP/CAN 
    The French government will support the appointment of Air
Canada  AC.TO  executive Ben Smith as the chief executive of Air
France-KLM  AIRF.PA , a government source said on
Thursday. urn:newsml:reuters.com:*:nL5N1V735V
    
    ANALYST RESEARCH HIGHLIGHTS  RCH/CA 
    Dream Unlimited Corp  DRM.TO : Canaccord Genuity raises
price target to C$13 from C$12.75
    Suncor Energy Inc  SU.TO : Canaccord Genuity raises price
target to C$67 from C$64
    Husky Energy Inc  HSE.TO : Canaccord Genuity raises price
target to C$25 from C$23
    
    COMMODITIES AT 7:15 a.m. ET  COM/WRAP 
    Gold futures  GCcv1 : $1186.6; +0.14 pct  GOL/ 
    US crude  CLc1 : $64.98; -0.05 pct  O/R 
    Brent crude  LCOc1 : $70.85; +0.13 pct  O/R 
    LME 3-month copper  CMCU3 : $5903; +1.76 pct  MET/L 
    
    U.S. ECONOMIC DATA DUE ON THURSDAY
    0830 Building permits: number for July: Expected 1.310 mln;
Prior 1.292 mln
    0830 Build permits: change mm for July: Prior -0.7 pct
    0830 Housing starts number for July: Expected 1.260 mln;
Prior 1.173 mln
    0830 House Starts mm: change for July: Prior -12.3 pct
    0830 Initial jobless claims: Expected 215,000; Prior 213,000
    0830 Jobless claims 4-week average: Prior 214,250
    0830 Continued jobless claims: Expected 1.750 mln; Prior
1.755 mln
    0830 Philly Fed Business Index for Aug: Expected 22; Prior
25.7
    0830 Philly Fed 6M Index for Aug: Prior 29
    0830 Philly Fed Capex Index for Aug: Prior 31.4
    0830 Philly Fed Employment for Aug: Prior 16.8
    0830 Philly Fed Prices Paid for Aug: Prior 62.9
    0830 Philly Fed New Orders for Aug: Prior 31.4
    
    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$1.31)

 (Reporting by Priyanka Das in Bengaluru
Editing by Saumyadeb Chakrabarty)
 ((Priyanka.das@thomsonreuters.com))