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CANADA STOCKS-TSX futures track global markets higher

Published 04/07/2019, 09:36 pm
Updated 04/07/2019, 09:40 pm
CANADA STOCKS-TSX futures track global markets higher
XAU/USD
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July 4 (Reuters) - Futures for Canada's main stock index were slightly higher, tracking the broader global rally after weak economic data in the United States boosted hopes of a rate cut by the Federal Reserve this month.

September futures on the S&P/TSX index SXFc1 were up 0.09% at 7:00 a.m. ET.

The Toronto Stock Exchange's S&P/TSX .GSPTSE rose 105.23 points, or 0.64%, to 16,576.52 on Wednesday. markets are closed on the occasion of Independence Day.

TOP STORIES TOP/CAN

Australia's Aveo Group AOG.AX revealed it had received a takeover offer from Canada's Brookfield Asset Management Inc BAMa.TO for the A$1.2 billion retirement-home operator, ending weeks of speculation. RESEARCH HIGHLIGHTS RCH/CA

Canopy Growth Corp WEED.TO : Bryan Garnier cuts rating to neutral from buy

Linamar Corp LNR.TO : CIBC cuts target price to C$61 from C$65

Suncor Energy Inc SU.TO : JP Morgan cuts target price to C$49 from C$51

COMMODITIES AT 7:00 a.m. ET COM/WRAP

Gold futures GCc2 : $1,417.5; -0.24% GOL/

US crude CLc1 : $57.19; -0.26% O/R

Brent crude LCOc1 : $63.89; +0.13% 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$1.31)

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