CANADA STOCKS-TSX futures dip after disappointing China trade data

Thu Oct 13, 2016 7:52am EDT
 
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Oct. 13 (Reuters) - Stock futures on Canada's main stock index were lower on Thursday, after weak Chinese trade data sparked concerns that recovery in the world's second-largest economy may be faltering.

China's exports fell 10 percent in September from a year earlier, far worse than expected, while imports unexpectedly shrank after picking up in August.

December futures on the S&P TSX index were down 0.28 percent at 7:45 a.m. ET.

New housing price index data for August is due at 8:30 a.m. ET

Canada's main stock index advanced on Wednesday for the first time in four sessions as a rally in gold mining and other materials stocks offset a drop in energy companies spurred by falling oil prices.

Dow Jones Industrial Average e-mini futures were down 0.51 percent at 7:15 a.m. ET, while S&P 500 e-mini futures were down 0.53 percent and Nasdaq 100 e-mini futures were down 0.57 percent.

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

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