Canada Stocks: Futures inch higher as global markets recover

Pason Systems

16/10/2018 12:43

Oct 16 (Reuters) - Stock futures for Canada's main index
edged higher on Tuesday, tracking a rebound in global equity
markets but gains were capped by losses in energy shares due to
fall in oil prices.
    Oil prices fell amid expectations of an increase in U.S.
crude inventories, but signs of Iranian oil exports eased this
month, keeping losses in check.  O/R 
    December futures on the S&P/TSX index  SXFc1  were up 0.08
percent at 6:59 a.m. ET.
    Data for August on foreign investment in Canadian securities
and Canadian investment in foreign securities are due at 8:30
a.m. ET.
    The Toronto Stock Exchange's S&P/TSX  .GSPTSE  closed down
4.82 points, or 0.03 percent, at 15,409.47 on Monday.
 urn:newsml:reuters.com:*:nL8N1WV6GQ
    Dow Jones Industrial Average e-mini futures  1YMc1  were up
0.44 percent at 7:05 a.m. ET, while S&P 500 e-mini futures
 ESc1  were up 0.4 percent and Nasdaq 100 e-mini futures  NQc1 
were up 0.62 percent.  .N 
    
     
    TOP STORIES  TOP/CAN 
    Aviation training firm CAE Inc  CAE.TO  said on Tuesday it
expects global demand for pilots to rise with fleet growth and
changing crew ratios, and the active combined airline and
business jet pilot population will exceed half a million by
2028.  urn:newsml:reuters.com:*:nL3N1WW25H
        
    ANALYST RESEARCH HIGHLIGHTS  RCH/CA 
    Gibson Energy Inc  GEI.TO : Credit Suisse raises price
target to C$26 from C$24
    Pason Systems Inc  PSI.TO : CIBC cuts price target to C$22
from C$23
    Tervita Corp  TEV.TO : CIBC cuts price target to C$12.5 from
C$13.5
    
    COMMODITIES AT 7:05 a.m. ET  COM/WRAP 
    Gold futures  GCc2 : $1229.9; rose 0.17 percent  GOL/ 
    US crude  CLc1 : $71.13; fell 0.91 percent  O/R 
    Brent crude  LCOc1 : $80.1; fell 0.84 percent  O/R 
        
    U.S. ECONOMIC DATA DUE ON TUESDAY
    0915 Industrial production mm for Sep: Expected 0.2 pct;
Prior 0.4 pct
    0915 Capacity utilization SA for Sep: Expected 78.2 pct;
Prior 78.1 pct
    0915 Manufacturing output mm for Sep: Expected 0.2 pct;
Prior 0.2 pct
    0915(approx) Industrial production year-on-year for Sep:
Prior 4.88 pct
    1000 JOLTS job openings for Aug: Expected 6.945 mln; Prior
6.939 mln
    1000 NAHB Housing Market Index for Oct: Expected 67; Prior
67
    1600 Net L-T flows exswaps for Aug: Prior $74.8 bln
    1600 Foreign buying, T-bonds for Aug: Prior $18.9 bln
    1600 Overall net capital flows for Aug: Prior $52.2 bln
    1600 Net L-T flows, including swaps for Aug: Prior $56.6 bln
    
    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$1.30)
    

 (Reporting by Sourav Bose in Bengaluru; Editing by James
Emmanuel)