CANADA STOCKS-TSX futures edge up on hopes of economic rebound
July 14 (Reuters) - Futures tracking Canada's main stock index inched higher on Tuesday as investors weighed early signs of an economic rebound against fears of further curbs on business activity due to a global surge in coronavirus infections.
September futures on the S&P/TSX index were up 0.46% at 7:00 a.m. ET.
On Monday, the Toronto Stock Exchange's S&P/TSX composite index .GSPTSE ended 0.47% lower at 15,639.41
Dow Jones Industrial Average e-mini futures were up 0.42% at 7:00 a.m. ET, S&P 500 e-mini futures were up 0.36% and Nasdaq 100 e-mini futures were up 0.12%.
TOP STORIES
As Mexico celebrated a new trade deal with the United States and Canada on July 1, a group of Canadian energy investors warned their government that Mexico could already be violating the agreement for failing to respect contracts.
Canada and the United States are set to extend a ban on non-essential travel that was imposed to fight the coronavirus outbreak, although a final decision has not been taken, two Ottawa sources familiar with the matter said on Monday.
ANALYST RESEARCH HIGHLIGHTS
Brookfield Asset Management Inc: Citigroup raises price target to $36.50 from $34
Intertape Polymer Group Inc: CIBC raises target price to C$13.50 from C$12.50
COMMODITIES AT 7:00 a.m. ET
Gold futures: $1,795.9; -1.01%
US crude: $39.75; -0.87%
Brent crude: $42.42; -0.7%
U.S. ECONOMIC DATA DUE ON TUESDAY 08.30 Core CPI mm, SA for Jun: Expected 0.1%; Prior -0.1% 08.30 Core CPI yy, NSA for Jun: Expected 1.1%; Prior 1.2% 08.30 CPI Index, NSA for Jun: Expected 257.733; Prior 256.394 08.30 Core CPI Index, SA for Jun: Prior 265.44 08.30 CPI mm, SA for Jun: Expected 0.5%; Prior -0.1% 08.30 CPI yy, NSA for Jun: Expected 0.6%; Prior 0.1% 08.30 Real weekly earnings mm for Jun: Prior 0.5% 08.30 CPI mm NSA for Jun: Prior 0 08.30 CPI Index SA for Jun: Prior 255.770 11.00 Cleveland fed CPI for Jun: Prior 0.3%
FOR CANADIAN MARKETS NEWS, CLICK ON CODES:
TSX market report
Canadian dollar and bonds report
Reuters global stocks poll for Canada
Canadian markets directory ($1= C$1.36) (Reporting by Shivani Kumaresan in Bengaluru; Editing by Shinjini Ganguli)
