Canada Stocks: TSX futures up on hopes of easing trade tensions
26/08/2019 12:24
Aug 26 (Reuters) - Futures for Canada's main stock index
edged higher on Monday, bolstered by a rise in oil prices, as
the United States and China sought to ease trade war tensions.
U.S. President Donald Trump, speaking on the sidelines of
the G7 summit of world leaders in France, said Chinese officials
had contacted U.S. trade counterparts overnight and offered to
return to the negotiating table. urn:newsml:reuters.com:*:nL3N25M235
September futures on the S&P/TSX index SXFc1 were up 0.9%
at 7:00 a.m. ET.
The Toronto Stock Exchange S&P/TSX composite index .GSPTSE
fell 1.33% to 16,037.58 on Friday. urn:newsml:reuters.com:*:nL5N25J5IH
Dow Jones Industrial Average e-mini futures 1YMc1 were up
0.67% at 7:00 a.m. ET, while S&P 500 e-mini futures ESc1 were
up 0.5% and Nasdaq 100 e-mini futures NQc1 were up 0.75%. .N
ANALYST RESEARCH HIGHLIGHTS RCH/CA
Golden Star Resources Ltd GSC.TO : Desjardins cuts rating
to hold from buy
Profound Medical Corp PRN.TO : Raymond James initiates
coverage with outperform rating and C$4 target price
COMMODITIES AT 7:00 a.m. ET COM/WRAP
Gold futures GCc2 : $1532.3; +0.29 percent GOL/
US crude CLc1 : $54.58; +0.76 percent O/R
Brent crude LCOc1 : $59.61; +0.46 percent O/R
U.S. ECONOMIC DATA DUE ON MONDAY
0830 Durable goods for July: Expected 1.1%; Prior 1.9%
0830 Durables ex-transport for July: Expected 0.0%; Prior
1.0%
0830 Durables ex-defense mm for July: Prior 2.9%
0830 Nondefense cap ex-air for July: Expected -0.1%; Prior
1.5%
0830 National Activity Index for July: Prior -0.02
1030 (approx.) Dallas Fed Manufacturing Business Index for
Aug: Prior -6.30
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$1.33)
(Reporting by Pathikrit Bandyopadhyay in Bengaluru; Editing by
Arun Koyyur)
((pathikrit.bandyopadhyay@thomsonreuters.com))