Canada Stocks: Higher oil prices prop up TSX futures

GDI Integrated Facility Services

18/10/2017 12:26

Oct 18 (Reuters) - Stock futures pointed to a higher opening 
for Canada's main stock index on Wednesday as oil prices rose on 
an expected fall in U.S. inventories and geopolitical tensions 
around oil-rich Iraq and Iran. 
    December futures on the S&P TSX index  SXFc1  were up 0.11 
percent at 7:15 a.m. ET. 
    Manufacturing sales data for August is due at 08:30 a.m. ET. 
    Canada's main stock index inched higher on Tuesday, helped 
by a rise in Bombardier Inc  BBDb.TO  shares and financial 
stocks.  urn:newsml:reuters.com:*:nL2N1MS26M 
    Dow Jones Industrial Average e-mini futures  1YMc1  were up 
0.30 percent at 7:15 a.m. ET, while S&P 500 e-mini futures 
 Esc1  were up 0.07 percent and Nasdaq 100 e-mini futures  NQc1  
were up 0.09 percent.  .N  
(Morning News Call newsletter http://link.reuters.com/nex49s; 
The Day Ahead newsletter http://link.reuters.com/mex49s) 
    TOP STORIES  TOP/CAN  
     Boeing Co  BA.N  said on Tuesday that Bombardier Inc's 
 BBDb.TO  CSeries jets could still be hit with high U.S. import 
duties, even if they are assembled in Alabama through an 
industry-changing deal with Airbus  AIR.PA .  urn:newsml:reuters.com:*:nL4N1MS4Q6 
    Canada's Corus Entertainment Inc  CJRb.TO  reported a 
better-than-expected profit on Wednesday as the media company 
benefited from cost savings.  urn:newsml:reuters.com:*:nL4N1MT3ND 
    Canada's oil sands producers are stuck in a rut. The 
nation's oil firms are retrenching, with large producers 
planning little or no further expansion and some smaller 
projects struggling even to cover their operating costs. 
 urn:newsml:reuters.com:*:nL2N1LS19G 
    COMMODITIES AT 7:15 a.m. ET  COM/WRAP   
    Gold futures  GCc2 : $1,270.7; -0.29 pct  GOL/  
    US crude  CLc1 : $52.39; +0.42 pct  O/R  
    Brent crude  LCOc1 : $58.85; +0.51 pct  O/R  
    LME 3-month copper  CMCU3 : $7,059.50; -0.16 pct  MET/L  
    ANALYST RESEARCH HIGHLIGHTS  RCH/CA  
    Canadian Pacific Railway  CP.TO : National Bank of Canada 
ups target price to C$226 
    GDI Integrated Facility Services  GDI.TO : Desjardins starts 
with buy rating 
    U.S. ECONOMIC DATA DUE ON WEDNESDAY 
    0830 Building permits: number for Sep: Expected 1.245 mln; 
Prior 1.272 mln 
    0830 Build permits: change mm for Sep: Prior 3.4 pct 
    0830 Housing starts number mm for Sep: Expected 1.180 mln; 
Prior 1.180 mln 
    0830 House starts mm: change for Sep: Prior -0.8 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$1.24) 
 
 (Reporting by Pradip Kakoti in Bengaluru; Editing by Anil 
D'Silva) 
 ((Reuters Messaging: 
pradip.kakoti.thomsonreuters.com@reuters.net; phone +1 651 848 
5900 or +91 80 6749 6479)) 
 
Keywords: CANADA STOCKS/