Canada Stocks: TSX futures down as oil prices slip on weak China trade data

Titan Mining

14/01/2019 12:29

Jan 14 (Reuters) - Futures for Canada's main stock index
fell on Monday, as oil prices slipped on prospects of slowdown
in fuel demand after China, the world's second largest oil
consumer, reported a surprisingly weak trade data for December. 
    China's exports fell the most in two years in December,
while imports also contracted, pointing to further weakness in
the world's second-largest economy in 2019 and deteriorating
global demand.  urn:newsml:reuters.com:*:nL3N1ZE1RI
    March futures on the S&P/TSX index  SXFc1  were down 0.31
percent at 7:00 a.m. ET.
    The Toronto Stock Exchange's S&P/TSX .GSPTSE closed up 35.69
points, or 0.24 percent, at 14,939.18 on Friday.  urn:newsml:reuters.com:*:nL8N1ZB5GJ
    Dow Jones Industrial Average e-mini futures  1YMc1  were
down 0.85 percent at 7:00 a.m. ET, while S&P 500 e-mini futures
 ESc1  were down 0.88 percent and Nasdaq 100 e-mini futures
 NQc1  were down 1.13 percent.  .N 
    
     
    TOP STORIES  TOP/CAN 
    Canadian athletic apparel maker Lululemon Athletica Inc
 LULU.O  on Monday raised its fourth-quarter profit and revenue
forecasts, driven by strong sales during the holiday
season. urn:newsml:reuters.com:*:nL3N1ZE36L
    Newmont Mining Corp  NEM.N  said it would buy smaller rival
Goldcorp Inc  G.TO ,  GG.N  in a deal valued at $10 billion,
creating the world's biggest gold producer by output.
 urn:newsml:reuters.com:*:nL3N1ZE30G
    
    ANALYST RESEARCH HIGHLIGHTS  RCH/CA 
    Cogeco Communications Inc  CCA.TO : Barclays raises target
price to C$73 from C$70 
    Titan Mining  TI.TO : National Bank of Canada cuts rating to
sector perform from outperform
    West Fraser Timber Co Ltd  WFT.TO : CIBC cuts rating to
neutral from outperformer
    
    COMMODITIES AT 7:00 a.m. ET  COM/WRAP 
    Gold futures  GCcv1 : $1295.5; +0.47 percent  GOL/ 
    US crude  CLc1 : $51.04; -1.07 percent  O/R 
    Brent crude  LCOc1 : $59.92; -0.93 percent  O/R 

    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 Lisa Pauline Mattackal in Bengaluru; Editing by
Arun Koyyur)
 ((Email: lisapauline.mattackal@thomsonreuters.com))