CANADA STOCKS-Futures gain ahead of GDP data

Tue Nov 1, 2016 7:41am EDT
 
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Nov 1 (Reuters) - Canadian stock futures rose on Tuesday ahead of the release of the gross domestic product data for August and Bank of Canada Governor Stephen Poloz's speech on inflation targets.

Poloz's comments will be parsed for clues on the future path of monetary policy after the central bank held rates steady in October.

December futures on the S&P TSX index were up 0.18 percent at 7:15 a.m. ET.

Gross domestic product data for August is due at 8:30 a.m. ET and RBC Manufacturing PMI data for October is due at 9:30 a.m. ET.

Canada's benchmark stock index ended a touch higher on Monday as gold miners gained, but energy stocks fell and Valeant Pharmaceuticals International Inc slumped on a report its former executives are the focus of a U.S. criminal probe.

Dow Jones Industrial Average e-mini futures were up 0.15 percent at 7:15 a.m. ET, while S&P 500 e-mini futures were up 0.2 percent and Nasdaq 100 e-mini futures were up 0.17 percent.

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

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