Canada Stocks: TSX futures track fall in oil prices

Galiano Gold

20/04/2020 12:32

April 20 (Reuters) - Canada's main stock index futures fell on Monday as oil prices dropped,
with U.S. crude futures hitting their lowest level since 1999 on concerns that the country's
crude storage will soon be full.
    June futures on the S&P/TSX index  SXFc1  were down 1.72% at 7:00 a.m. ET.
    Wholesale trade data for February is due at 8:30 a.m. ET. 
    The Toronto Stock Exchange's S&P/TSX composite index  .GSPTSE  ended 3.31% higher at
14,359.88 on Friday.  urn:newsml:reuters.com:*:nL8N2C569Y
    Dow Jones Industrial Average e-mini futures  1YMc1  were down 1.6% at 7:00 a.m. ET, while
S&P 500 e-mini futures  ESc1  were down 1.59% and Nasdaq 100 e-mini futures  NQc1  were down
0.91%.  .N 
    
     
    
    TOP STORIES  TOP/CAN 
    Alimentation Couche-Tard Inc's  ATDb.TO  buyout of petrol station operator Caltex Australia
Ltd  CTX.AX  has become the latest victim of the coronavirus outbreak, as fuel demand plunges
and as companies look inward to get through the crisis.  urn:newsml:reuters.com:*:nL4N2C70PP
    Civil aviation training company CAE  CAE.TO  said it would recall 1,500 of its employees in
Canada, furloughed in response to the coronavirus pandemic as a government wage subsidy program
helps put workers back on payroll.  urn:newsml:reuters.com:*:nL4N2C82XQ
    Canada's steam-driven oil facilities are bearing the brunt of output cuts as the industry
copes with low prices, and deeper reductions may risk permanent damage to the sites.
 urn:newsml:reuters.com:*:nL1N2C4050
    
    
    ANALYST RESEARCH HIGHLIGHTS  RCH/CA 
    Asanko Gold Inc  AKG.TO : Berenberg raises target price to C$1.80 from C$1.70
    Lightspeed POS Inc  LSPD.TO : RBC initiates with sector perform and target price of C$25 
    Tervita Corp  TEV.TO : TD Securities raises to buy from hold
    
    
    COMMODITIES AT 7:00 a.m. ET 
    Gold futures  GCc2 : $1,687.7; -0.18%  GOL/ 
    US crude  CLc1 : $13.1; -28.3%  O/R 
    Brent crude  LCOc1 : $27.01; -3.81%  O/R 

    
    U.S. ECONOMIC DATA DUE ON MONDAY
    0830 National Activity Index for Mar: Prior 0.16
    
    
    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$1.41)

 (Reporting by Samrhitha Arunasalam in Bengaluru;
Editing by Vinay Dwivedi)
 ((Samrhitha.A@thomsonreuters.com))