Canada Stocks: TSX futures fall as WHO labels coronavirus outbreak global emergency

Exco Technologies

31/01/2020 12:37

January 31 (Reuters) - Canada's main stock index futures
fell on Friday after the World Health Organization (WHO)
declared coronavirus outbreak a global health emergency,
intensifying concerns on its potential economic impact.
    The United States and other countries tightened travel curbs
and businesses said they were facing supply problems because of
coronavirus spread in China, a day after the WHO declared a
global health emergency.  urn:newsml:reuters.com:*:nL4N29Z6DC
    March futures on the S&P/TSX index  SXFc1  were down 0.41%
at 7:00 a.m. ET.
    The country's gross domestic product data for November and
producer price data for December is due at 8:30 a.m. ET 
    The Toronto Stock Exchange's TSX index fell 0.12% to
17,490.56 on Thursday.  urn:newsml:reuters.com:*:nL8N29Z8BW
    Dow Jones Industrial Average e-mini futures  1YMc1  were
down 0.45% at 7:00 a.m. ET, while S&P 500 e-mini futures  ESc1 
were down 0.42% and Nasdaq 100 e-mini futures  NQc1  were down
0.39%.  .N 
    
     
    TOP STORIES  TOP/CAN 
    Canadian billionaire Lawrence Stroll has agreed to buy up to
20% of Aston Martin  AML.L  and rename his Formula One team
after the 107-year-old company, famed for being fictional secret
agent James Bond's car of choice.  urn:newsml:reuters.com:*:nL8N2A01IJ
    Canada's Cott Corp  BCB.TO  said on Friday it would sell its
S&D Coffee and Tea business to privately owned Westrock Coffee
Co for $405 million in cash, as it looks to focus on its more
profitable water business.  urn:newsml:reuters.com:*:nL4N2A043Y
        
    ANALYST RESEARCH HIGHLIGHTS  RCH/CA 
    CAE Inc  CAE.TO : RBC raises target price to C$41 from C$39
    Exco Technologies Ltd  XTC.TO : Scotiabank raises target
price to C$8.5 from C$8
    Intact Financial Corp  IFC.TO : CIBC raises target price to
C$145 from C$141
    
    COMMODITIES AT 7:00 a.m. ET 
    Gold futures  GCc2 : $1581.1; -0.34%  GOL/ 
    US crude  CLc1 : $52.39; +0.48%  O/R 
    Brent crude  LCOc1 : $58.49; +0.34%  O/R 
    
    U.S. ECONOMIC DATA DUE ON FRIDAY
    0830 Personal income mm for Dec: Expected 0.3%; prior 0.5%
    0830 Personal consumption real mm for Dec: Prior 0.3%
    0830 Consumption, adjusted mm for Dec: Expected 0.3%; prior
0.4%
    0830 Core PCE price index mm for Dec: Expected 0.1%; prior
0.1%
    0830 Core PCE price index yy for Dec: Expected 1.6%; prior
1.6%
    0830 PCE price index mm for Dec: Prior 0.2%
    0830 PCE price index yy for Dec: Prior 1.5%
    0830 Employment wages QQ for Q4: Prior 0.9%
    0830 Employment benefits QQ for Q4: Prior 0.6%
    0830 Employment costs for Q4: Expected 0.7%; prior 0.7%
    1000 U Mich Sentiment final for Jan: Expected 99.1; prior
99.1
    
    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$1.31)

 (Reporting by Nachiket Tekawade in Bengaluru;
Editing by Vinay Dwivedi)
 ((Nachiket.tekawade@thomsonreuters.com))