CANADA STOCKS-Futures fall ahead of key U.S. jobs data

Fri Oct 7, 2016 7:44am EDT
 
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Oct 7 (Reuters) - Futures on Canada's main stock index were lower on Friday, as investors around the world awaited a U.S. jobs report that could influence the timing of the Federal Reserve's next rate hike.

December futures on the S&P TSX index were down 0.21 percent at 7:40 a.m. ET.

U.S. nonfarm payrolls, scheduled for 8:30 a.m. ET, is expected to show that 175,000 jobs were added in September, compared with the 151,000 increase in August.

Canada jobs report, also due at 8:30 a.m. ET, is expected to show that the economy added 10,000 jobs in September, keeping the unemployment rate at 7 percent.

Canada's main stock index edged lower on Thursday as gold miners' shares fell with the precious metal on increased expectations that U.S. interest rates will rise this year.

Dow Jones Industrial Average e-mini futures were down 0.21 percent at 7:15 a.m. ET. S&P 500 e-mini futures were down 0.28 percent and Nasdaq 100 e-mini futures were down 0.27 percent.

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

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