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CANADA STOCKS-TSX futures down on lower oil prices

Published 22/01/2019, 11:29 pm
© Reuters.  CANADA STOCKS-TSX futures down on lower oil prices
XAU/USD
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CL
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NG
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NQH25
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SXFc1
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GOLD
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Jan 22 (Reuters) - Futures for Canada's main stock index edged lower on Tuesday, as oil prices slipped on concerns over IMF's warning on slowing global economic growth.

March futures on the S&P/TSX index SXFc1 were down 0.46 percent at 6:55 a.m. ET.

Manufacturing sales and wholesale trade data for November are due at 08:30 a.m. ET.

The Toronto Stock Exchange's S&P/TSX composite index .GSPTSE closed up 50.33 points, or 0.3 percent, at 15,354.16 on Monday. Jones Industrial Average e-mini futures 1YMc1 were down 0.61 percent at 6:55 a.m. ET, while S&P 500 e-mini futures ESc1 were down 0.66 percent and Nasdaq 100 e-mini futures NQc1 were down 0.84 percent. .N

TOP STORIES TOP/CAN

Australian cobalt developer Jervois Mining JRV.AX said on Tuesday it has agreed to buy Canadian cobalt explorer M2 Cobalt MC.V , as the hunt for quality mines in the battery materials sector gains pace. explosion of an Enbridge Inc ENB.TO natural gas pipeline in Ohio on Monday created a fireball of flame and damaged homes, prompting the evacuation of nearby residents. Gold Corp ABX.TO said on Monday it was considering all options for Lumwana copper mine in Zambia as the country's proposed new mining taxes would make it challenging to generate adequate returns for all its stakeholders. RESEARCH HIGHLIGHTS RCH/CA

Bombardier Inc BBDb.TO : Credit Suisse (SIX:CSGN) cuts price target to C$3.76 from C$4.48.

Teck Resources Ltd TECKb.TO : Barclays (LON:BARC) raises price target to C$42 from C$38.

OceanaGold Corp OGC.TO : Barclays raises price target to C$4.50 from C$4

COMMODITIES AT 6:55 a.m. ET COM/WRAP

Gold futures GCc2 : $1,281.8; -0.08 percent GOL/

US crude CLc1 : $52.8; -1.86 percent O/R

Brent crude LCOc1 : $61.5; -1.96 percent O/R

U.S. ECONOMIC DATA DUE ON TUESDAY

1000 Existing home sales for Dec: Expected 5.25 mln; Prior 5.32 mln

1000 Existing home sales percentage change for Dec: Expected -1.3 pct; Prior 1.9 pct

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)

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