Canada Stocks: Futures rise tracking gains in global markets

First National Financial

20/10/2016 12:38

Oct 20 (Reuters) - Canada stock futures rose on Thursday, a 
day after the main index closed at a 16-month high, tracking 
gains in the global markets after Democrat Hillary Clinton was 
perceived winner of the third and final U.S. presidential 
debate. 
    December futures on the S&P TSX index  SXFc1  were up 0.09 
percent at 7:15 a.m. ET. 
    Canada's main stock index closed at its highest since June 
2015 on Wednesday, led by energy and mining companies, as oil 
surged and gold rose, while financial stocks also gained ground. 
 urn:newsml:reuters.com:*:nL1N1CP24W 
    No economic indicators are scheduled for release. 
    Dow Jones Industrial Average e-mini futures  1YMc1  were up 
0.17 percent at 7:15 a.m. ET, while S&P 500 e-mini futures 
 ESc1  were up 0.12 percent and Nasdaq 100 e-mini futures  NQc1  
were up 0.13 percent.  .N  
     
 (Morning News Call newsletter http://link.reuters.com/nex49s ; 
The Day Ahead newsletter http://link.reuters.com/mex49s) 
     
    TOP STORIES  TOP/CAN  
    The Bank of Canada cut its growth forecast on Wednesday and 
said it actively discussed adding more monetary stimulus to 
speed up the nation's economic recovery, surprising financial 
markets by shifting tone dramatically after its initial rate 
decision.  urn:newsml:reuters.com:*:nL1N1CP0BY 
     
    ANALYST RESEARCH HIGHLIGHTS  RCH/CA  
    Arc Resources Ltd  ARX.TO : CIBC raises target price to 
C$25.5 from C$24.5 
    First National Financial Corp  FN.TO : TD Securities cuts 
target price to C$28 from C$32 
    IAMGOLD Corp  IMG.TO : Canaccord Genuity raises rating to 
"buy" from "hold" 
         
    COMMODITIES AT 7:15 a.m. ET  COM/WRAP  
    Gold futures  GCc2 : $1,269.1; +0.06 pct  GOL/  
    US crude  CLc1 : $51.01; -1.14 pct  O/R  
    Brent crude  LCOc1 : $52.10; -1.08 pct  O/R  
    LME 3-month copper  CMCU3 : $4,651.00; -0.43 pct  MET/L  
     
    U.S. ECONOMIC DATA DUE ON THURSDAY 
    0830 Initial jobless claims: Expected 250,000; Prior 246,000 
    0830 Jobless claims 4-week average: Prior 249,250 
    0830 Continued jobless claims: Expected 2.050 mln; Prior 
2.046 mln 
    0830 Philly Fed Business Index for Oct: Expected 5.3; Prior 
12.8 
    0830 Philly Fed 6M Index for Oct: Prior +37.50 
    0830 Philly Fed Capex Index for Oct: Prior +8.60 
    0830 Philly Fed Employment for Oct: Prior -5.30 
    0830 Philly Fed Prices Paid for Oct: Prior +20.60 
    0830 Philly Fed New Orders for Oct: Prior +1.40 
    1000 Existing home sales for Sep: Expected 5.35 mln; Prior 
5.33 mln 
    1000 Existing home sales percentage change for Sep: Expected 
+0.4 pct; Prior -0.9 pct 
    1000 Leading index change mm for Sep: Expected +0.2 pct; 
Prior -0.2 pct 
         
    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$1.32) 
 
 (Reporting by Nivedita Balu in Bengaluru; Editing by Sriraj 
Kalluvila) 
 ((Reuters Messaging: 
nivedita.balu.thomsonreuters.com@reuters.net ; phone +1 651 848 
5900 or +91 80 6749 4822)) 
 
Keywords: CANADA STOCKS/