Canada Stocks: TSX futures rise as Middle East worries ebb

North American Construction

07/01/2020 12:59

Jan 7 (Reuters) - Canada's main stock index futures rose on
Tuesday as fears of escalation in U.S.-Iran tensions receded.
    March futures on the S&P/TSX index  SXFc1  were up 0.18% at
7:00 a.m. ET.
    Trade balance data for November is due at 8:30 a.m. ET 
    The Toronto Stock Exchange's TSX  .GSPTSE  closed up 0.23%
to 17,105.47 on Monday.  urn:newsml:reuters.com:*:nL8N29B4M3
    Dow Jones Industrial Average e-mini futures  1YMc1  were up 
0.04% at 7:10 a.m. ET, while S&P 500 e-mini futures  ESc1  were
up 0.05% and Nasdaq 100 e-mini futures  NQc1  were up 0.27%.
 .N 
  
    
    ANALYST RESEARCH HIGHLIGHTS  RCH/CA 
    Finning International Inc  FTT.TO : National Bank of Canada
cuts price target to C$29 from C$29.50
    Hudson's Bay Co  HBC.TO : CIBC raises price target to C$11
from C$10.25
    North American Construction  NOA.TO : National Bank of
Canada ups price target to C$24.50 from C$23.50
    Precision Drilling Corp  PD.TO : Citigroup raises price
target to C$2.20 from C$1.80
    Stantec Inc  STN.TO : National Bank of Canada raises price
target to C$40 from C$36
    
    
    COMMODITIES AT 7:10 a.m. ET  COM/WRAP 
    Gold futures  GCc2 : $1570.1; rose 0.08%  GOL/ 
    US crude  CLc1 : $62.84; fell 0.68%  O/R 
    Brent crude  LCOc1 : $68.32; fell 0.86%  O/R 
    
    
    U.S. ECONOMIC DATA DUE ON TUESDAY
    0830 International trade for Nov: Expected -$43.8 bln; Prior
-$47.2 bln
    0830 Goods trade balance (R) for Nov: Prior -63.19 bln
    1000 Durables ex-defense, R mm for Nov: Prior 0.8%
    1000 Durable goods, R mm for Nov: Prior -2.0%
    1000 Factory orders mm for Nov: Expected -0.8%; Prior 0.3%
    1000 Durables ex-transport R mm for Nov: Prior 0.0%
    1000 Nondefense cap ex-air R mm for Nov: Prior 0.1%
    1000 Factory ex-transport mm for Nov: Prior 0.2%
    1000 ISM N-Manufacturing PMI for Dec: Expected 54.5; Prior
53.9
    1000 ISM N-Manufacturing Business Activity for Dec: Expected
52.0; Prior 51.6
    1000 ISM N-Manufacturing Employment Index for Dec: Prior
55.5
    1000 ISM N-Manufacturing New Orders Index for Dec: Prior
57.1
    1000 ISM N-Manufacturing Price Paid Index for Dec: Prior
58.5x
    
    
    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 = 1.29 Canadian dollars)
    
    

 (Reporting by Pooja Kesavan in Bengaluru
Editing by Vinay Dwivedi)
 ((pooja.theikkattu@thomsonreuters.com))