CANADA STOCKS-Futures flat as investors await GDP data

Fri Sep 30, 2016 7:26am EDT
 
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Sept 30 (Reuters) - Futures on Canada's main stock index were little changed on Friday as investors awaited GDP data for July.

The data, due at 8:30 a.m. ET, and is expected to show that the Canadian economy grew by 0.3 percent in the month.

While that is a step down from June's 0.6 percent growth, the figures could reinforce expectations that the economy rebounded in the third quarter after contracting in the second.

December futures on the S&P TSX index were up 0.02 percent at 7:15 a.m. ET.

Canadian producer price data for August is also due at 8:30 a.m. ET, and is forecast to have risen by 0.1 percent.

Canada's main stock index rose to a one-week high on Thursday as energy stocks added to sharp gains from one day before on a surprise agreement by OPEC to cut crude output.

Dow Jones Industrial Average e-mini futures were down 0.11 percent at 7:15 a.m. ET, while S&P 500 e-mini futures were down 0.06 percent and Nasdaq 100 e-mini futures were down 0.13 percent.

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

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