Canada Stocks: TSX futures drop as coronavirus crisis deepens

Savaria

27/03/2020 11:37

March 27 (Reuters) - Canada's main stock index futures
dropped on Friday as concerns over the fast-spreading
coronavirus outweighed stimulus measures undertaken by
policymakers.
    June futures on the S&P/TSX index  SXFc1  were down 2.71% at
7:00 a.m. ET.
    Canada's budget deficit data is due at 11:00 a.m. ET 
    The Toronto Stock Exchange's S&P/TSX index  .GSPTSE  closed
up 1.77% at 13,371.17 on Thursday. urn:newsml:reuters.com:*:nL8N2BJ9TV
    Dow Jones Industrial Average e-mini futures  1YMc1  were
down 2.3% at 7:00 a.m. ET, while S&P 500 e-mini futures  ESc1 
were down 2.28%. Nasdaq 100 e-mini futures  NQc1  shed 2.02%.
 .N 
    
    ANALYST RESEARCH HIGHLIGHTS  RCH/CA 
    Air Canada  AC.TO : National Bank of Canada cuts target
price to C$30 from C$45
    Centerra Gold Inc  CG.TO : Canaccord Genuity raises target
price to C$13.50 from C$12
    Savaria Corp  SIS.TO : Scotiabank cuts target price to C$14
from C$16.50
    
    COMMODITIES AT 7:00 a.m. ET 
    Gold futures  GCc2 : $1,624.8; -1.56%  GOL/ 
    US crude  CLc1 : $22.63; +0.13%  O/R 
    Brent crude  LCOc1 : $26.06; -1.06%  O/R 
    
    U.S. ECONOMIC DATA DUE ON FRIDAY
    0830 Personal income mm for Feb: Expected 0.4%; Prior 0.6%
    0830 Personal consumption real mm for Feb: Prior 0.1%
    0830 Consumption, adjusted mm for Feb: Expected 0.2%; Prior
0.2%
    0830 Core PCE price index mm for Feb: Expected 0.2%; Prior
0.1%
    0830 Core PCE price index yy for Feb: Expected 1.7%; Prior
1.6%
    0830 PCE price index mm for Feb: Prior 0.1%
    0830 PCE price index yy for Feb: Prior 1.7%
    1000 U Mich Sentiment Final for Mar: Expected 90.0; Prior
95.9
    1200 Dallas fed PCE for Feb: Prior 2.2%
    
    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$1.41)    

 (Reporting by Priyanka Das in Bengaluru; editing by Uttaresh.V)
 ((Priyanka.das@thomsonreuters.com))