CANADA STOCKS-Futures edge lower ahead of Greece debt talks

Fri Jun 26, 2015 7:28am EDT
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June 26 (Reuters) - Stock futures pointed to a slightly lower opening for Canada's main stock index on Friday on uncertainty ahead of debt negotiations between Greece and its creditors.

Demands for tax increases and pension cuts that Greece's creditors are setting as conditions for the disbursement of aid are putting the country in an impossible position, its finance minister said.

September futures on the S&P TSX index were down 0.08 percent at 7:15 a.m. ET.

No major economic events are scheduled for the day.

Canada's main stock index finished lower on Thursday, pulled down by a hefty retreat in energy names that snapped a three-session rally.

Dow Jones Industrial Average e-mini futures were up 0.22 percent at 7:15 a.m. ET, while S&P 500 e-mini futures were up 0.18 percent and Nasdaq 100 e-mini futures were up 0.08 percent. (Morning News Call newsletter; The Day Ahead newsletter


Shares in German potash miner K+S leapt almost 40 percent on Friday after a takeover proposal from Canada's Potash Corp which sources close to the matter said was worth more than 7 billion euros.

Fairfax India Holdings, a fund set up by Canadian investor Prem Watsa to target Indian assets, is set to take a majority stake in logistics firm National Collateral Management Services, two sources familiar with the matter said.   Continued...