Canada Stocks: Futures tick higher on trade hopes

Labrador Iron Ore Royalty

27/09/2019 12:20

Sept 27 (Reuters) - Futures for Canada's main stock index
edged up on Friday, as U.S.-China trade optimism boosted
investor sentiment. 
    China's top diplomat said on Thursday that China was willing
to buy more U.S. products, and trade talks would yield results
if both sides "take more enthusiastic measures" to show goodwill
and reduce "pessimistic language" in their trade dispute.
 urn:newsml:reuters.com:*:nL2N26H1TY
    December futures on the S&P/TSX index  SXFc1  were up 0.07%
at 7:00 a.m. ET.
    Data on budget balance for July is due at 11:00 a.m. ET. 
    The Toronto Stock Exchange S&P/TSX composite index  .GSPTSE 
rose 0.04% to 16,790.40 on Thursday.  urn:newsml:reuters.com:*:nL5N26H6FO
    Dow Jones Industrial Average e-mini futures  1YMc1  were up
0.25% at 7:00 a.m. ET, while S&P 500 e-mini futures  ESc1  were
up 0.32% and Nasdaq 100 e-mini futures  NQc1  were up 0.3%.  .N 
    
 
 
    ANALYST RESEARCH HIGHLIGHTS  RCH/CA 
    Labrador Iron Ore Royalty Corp  LIF.TO : CIBC initiates
coverage with outperformer rating and price target of C$35 
    BRP Inc  DOO.TO : Citigroup raises price target to C$59 from
C$54
    Brookfield Renewable Partners LP  BEP_u.TO : Scotiabank
raises price target to C$40 from C$36; rating sector perform
 
  
    COMMODITIES AT 7:00 a.m. ET  COM/WRAP 
    Gold futures  GCc2 : $1,495.3; -1.08%  GOL/ 
    US crude  CLc1 : $55.78; -1.12%  O/R 
    Brent crude  LCOc1 : $61.81; -1.48%  O/R 
 
    
    U.S. ECONOMIC DATA DUE ON FRIDAY
    0830 Personal income mm for Aug: Expected 0.4%; Prior 0.1%
    0830 Personal consumption real mm for Aug: Prior 0.4%
    0830 Consumption, adjusted mm for Aug: Expected 0.3%; Prior
0.6%
    0830 Core PCE price index mm for Aug: Expected 0.2%; Prior
0.2%
    0830 Core PCE price index yy for Aug: Expected 1.8%; Prior
1.6%
    0830 PCE price index mm for Aug: Prior 0.2%
    0830 PCE price index yy for Aug: Prior 1.4%
    0830 Durable goods for Aug: Expected -1.0%; Prior 2.0%
    0830 Durable goods excluding transport for Aug: Expected
0.2%; Prior -0.4%
    0830 Durable goods excluding defense mm for Aug: Prior 1.3%
    0830 Nondefense capital goods excluding aircraft for Aug:
Expected 0.0%; Prior 0.2%
    1000 U Mich Sentiment Final for Sep: Expected 92.0; Prior
92.0
    1000 U Mich Conditions Final for Sep: Prior 106.9
    1000 U Mich Expectations Final for Sep: Prior 82.4
    1000 U Mich 1 year inflation final for Sep: Prior 2.8%
    1000 U Mich 5-year inflation final for Sep: Prior 2.3%
    
 
    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 Samrhitha Arunasalam in Bengaluru; Editing by
Maju Samuel)
 ((Samrhitha.A@thomsonreuters.com))