Canada Stocks: TSX futures rise on global cues

Mega Uranium

27/06/2019 12:34

June 27 (Reuters) - Stock futures for Canada's main equity
index rose on Thursday, as the risk appetite returned to global
markets following a media report that the U.S. and China have
tentatively agreed to a truce ahead of a highly-anticipated
weekend meeting of the two nations' leaders in Tokyo.
    U.S. President Donald Trump said on Wednesday that a trade
deal with Chinese President Xi Jinping was possible this weekend
but he is prepared to impose U.S. tariffs on virtually all
remaining Chinese imports if the two countries continue to
disagree.  urn:newsml:reuters.com:*:nL2N23X1WK
    September futures on the S&P/TSX index  SXFc1  were up 0.13%
at 7:00 a.m. ET.
    Average weekly earnings data for April is due at 8:30 a.m.
ET. 
    The Toronto Stock Exchange's S&P/TSX  .GSPTSE  fell 59.06
points, or 0.36%, to 16,312.22 on Wednesday.  urn:newsml:reuters.com:*:nL8N23X60E
    Dow Jones Industrial Average e-mini futures  1YMc1  were
down 0.05% at 7:00 a.m. ET, while S&P 500 e-mini futures  ESc1 
were up 0.2% and Nasdaq 100 e-mini futures  NQc1  were up 0.3%.
 .N 
    
     
    TOP STORIES  TOP/CAN 
    Bank of Nova Scotia  BNS.TO , Canada's third biggest lender,
said on Wednesday it would sell its operations in Puerto Rico
and the U.S. Virgin Islands to Oriental Bank for $560 million in
cash.  urn:newsml:reuters.com:*:nL4N23X48S
    Canada's Pieridae Energy  PEA.V  will buy gas assets in
Alberta from Royal Dutch Shell  RDSa.L  for C$190 million,
Pieridae said on Wednesday, securing supply for its planned
liquefied natural gas plant in eastern Canada.  urn:newsml:reuters.com:*:nL2N23Y06J
    Woodfibre LNG, a liquefied natural gas (LNG) project in
Canada, said it had signed a unit of BP  BP.L  as its first
customer, a crucial step towards developing the export facility.
  urn:newsml:reuters.com:*:nL8N23Y1E2
    
    
    ANALYST RESEARCH HIGHLIGHTS  RCH/CA 
    Altus Group Ltd  AIF.TO : Canaccord Genuity raises price
target to C$34 from C$33
    Canadian Pacific Railway  CP.TO : National Bank of Canada
cuts rating to sector perform from outperform
    Mega Uranium Ltd  MGA.TO : Credit Suisse starts with neutral
rating and a price target of C$55
    
    COMMODITIES AT 7:00 a.m. ET  COM/WRAP 
    Gold futures  GCc2 : $1,409; -0.45%  GOL/ 
    US crude  CLc1 : $58.84; -0.91%  O/R 
    Brent crude  LCOc1 : $65.93; -0.84%  O/R 
    
    
    U.S. ECONOMIC DATA DUE ON THURSDAY
    0830 Corporate profits revised for Q1: Prior -3.5%
    0830 GDP final for Q1: Expected 3.1%; Prior 3.1%
    0830 GDP sales final for Q1: Expected 2.5%; Prior 2.5%
    0830 GDP cons spending final for Q1: Prior 1.3%
    0830 GDP deflator final for Q1: Expected 0.8%; Prior 0.5%
    0830 Core PCE prices final for Q1: Expected 1.0%; Prior 1%
    0830 PCE prices final for Q1: Expected 0.4%; Prior 0.4%
    0830 Initial jobless claims: Expected 220,000; Prior 216,000
    0830 Jobless claims 4-week average: Prior 218,750
    0830 Continued jobless claims: Expected 1.665 mln; Prior
1.662 mln
    1000 Pending Homes Index for May: Prior 104.3
    1000 Pending sales change mm for May: Expected 1.0%; Prior
-1.5%
    1100 KC Fed Manufacturing for June: Prior 2
    1100 KC Fed Composite Index for June: Prior 4

    
    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 Hrithik Kiran Bagade in Bengaluru; Editing by
James Emmanuel)
 ((hrithik.bagade@thomsonreuters.com))