CANADA STOCKS-TSX futures little changed ahead of employment data
April 5 (Reuters) – Stock futures for Canada’s main stock index were flat on Friday, ahead of keenly awaited employment reports from the United States and Canada.
June futures on the S&P/TSX index were up 0.05 percent at 7:00 a.m. ET.
Statistics Canada is scheduled to report jobs data at 8:30 a.m. ET.
The Toronto Stock Exchange’s S&P/TSX rose 31.75 points, or 0.20 percent, to 16,311.61 on Thursday.
Dow Jones Industrial Average e-mini futures were up 0.11 percent at 7:00 a.m. ET, while S&P 500 e-mini futures were up 0.13 percent and Nasdaq 100 e-mini futures were up 0.19 percent.
Canadian media company Corus Entertainment Inc beat analysts’ estimates for quarterly profit on Friday, driven by a jump in television advertising revenue.
Canada’s foreign minister said it was very likely that there would be foreign meddling in the country’s October elections and that there had already been some interference.
ANALYST RESEARCH HIGHLIGHTS
Canfor Pulp Products Inc: RBC cuts target price to C$17 from C$20
KP Tissue Inc: RBC cuts rating to “sector perform” from “outperform”
COMMODITIES AT 7:00 a.m. ET
Gold futures: $1290.7; -0.05 percent
US crude: $61.92; -0.29 percent
Brent crude: $69.07; -0.48 percent
U.S. ECONOMIC DATA DUE ON FRIDAY
0830 Non-farm payrolls for Mar: Expected 180,000; Prior 20,000
0830 Private payrolls for Mar: Expected 170,000; Prior 25,000
0830 Manufacturing payrolls for Mar: Expected 10,000; Prior 4,000
0830 Government payrolls for Mar: Prior -5,000
0830 Unemployment rate for Mar: Expected 3.8 pct; Prior 3.8 pct
0830 Average earnings mm for Mar: Expected 0.3 pct; Prior 0.4 pct
0830 Average earnings yy for Mar: Expected 3.4 pct; Prior 3.4 pct
0830 Average workweek hours for Mar: Expected 34.5 hrs; Prior 34.4 hrs
0830 Labor force partic for Mar: Prior 63.2 pct
0830 U6 underemployment for Mar: Prior 7.3 pct
1500 Consumer credit for Feb: Expected $17.00 bln; Prior $17.05 bln
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$1.34) (Reporting by Nayyar Rasheed in Bengaluru; Editing by Sriraj Kalluvila)