CANADA STOCKS-Stock futures point to higher open for TSX

Mon Sep 15, 2014 7:34am EDT
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Sept 15 (Reuters) - Stock futures pointed to a higher opening for Canada's main stock index on Monday despite weak Chinese data that pushed commodity prices lower.

September futures on the S&P TSX index <0#SXF:> were up 0.11 percent at 0730 ET.

No major Canadian economic data is due.

Canada's main stock index was little changed on Friday as a decline in the energy sector, prompted by a fall in oil prices, was offset by positive economic data from the United States.

Dow Jones Industrial Average e-mini futures were down 0.01 percent at 0730 ET on Monday, while S&P 500 e-mini futures were down 0.04 percent and Nasdaq 100 e-mini futures were up 0.01 percent. (Morning News Call newsletter; The Day Ahead newsletter


Canada's closely watched ratio of household debt to income rebounded to 163.6 percent in the second quarter from 163.1 percent in the first, following a pattern which typically sees a second-quarter rise, Statistics Canada indicated on Friday.

Canadian home prices rose in August and the pace of 12-month home price appreciation accelerated, a report showed on Friday, suggesting robust demand for housing is carrying through to the second half of the year.   Continued...