CANADA STOCKS-Futures Flat Ahead Of Inflation, Retail Sales Data

By Kitco News / May 18, 2018 / www.kitco.com / Article Link

May 18 (Reuters) - Futures for Canada’s main stock index were little changed on Friday as investors awaited inflation and retail sales data.

Canada’s annual inflation rate is expected to have remained at 2.3 percent in April while retail sales are likely to have increased by 0.3 percent in March. Both the reports are scheduled to release at 8:30 a.m. ET.

The Canadian stock market will be closed on Monday for Victoria Day.

June futures on the S&P TSX index were down 0.07 percent at 7:15 a.m. ET.

The Toronto Stock Exchange’s S&P/TSX rose 35.49 points, or 0.22 percent, to 16,143.55 on Thursday.

Dow Jones Industrial Average e-mini futures were up 0.26 percent at 7:15 a.m. ET, while S&P 500 e-mini futures rose 0.16 percent and Nasdaq 100 e-mini futures were 0.2 percent higher.

(Morning News Call newsletter link.reuters.com/nex49s; The Day Ahead newsletter link.reuters.com/mex49s)

COMMODITIES AT 7:15 a.m. ET

Gold futures: $1,285.9; -0.27 pct

US crude: $71.53; 0.06 pct

Brent crude: $79.6; 0.38 pct

LME 3-month copper: $6832; -0.68 pct

ANALYST RESEARCH HIGHLIGHTS

• Enbridge Income Fund Holdings: National Bank of Canada cuts price target to C$29 from C$33.

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$1.28 Reporting by Benny Thomas in Bengaluru; Editing by Shailesh Kuber

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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