November 18, 2016 / 12:42 PM / 8 months ago

CANADA STOCKS-Futures flat ahead of inflation data

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Nov 18 (Reuters) - Canada's main stock index futures were flat on Friday, a day after the index closed at its highest in three weeks and ahead of a report on inflation.

The country's annual inflation rate rose to 1.5 percent in October, bringing the rate closer to the Bank of Canada's 2 percent target, a report is due at 8:30 a.m. ET is expected to show.

December futures on the S&P TSX index were down 0.05 percent at 7:15 a.m. ET.

Canada's main stock index rose on Thursday to its highest close in three weeks as Canadian banks tracked gains for their U.S. counterparts on expectations that the Federal Reserve will raise interest rates in December.

Dow Jones Industrial Average e-mini futures were down 0.03 percent at 7:15 a.m. ET, while S&P 500 e-mini futures were down 0.07 percent and Nasdaq 100 e-mini futures were up 0.04 percent.

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Analyst Research Highlights

Pilot Gold Inc : RBC cuts target price to C$1 from C$1.05

Prometic Life Sciences Inc : Canaccord Genuity raises target price to C$4.75 from C$4.50

WSP Global Inc : CIBC raises target price to C$46 from C$44


Gold futures : $1,216.5; unchanged

US crude : $45.5; +0.18 pct

Brent crude : $46.59; +0.22 pct

LME 3-month copper : $5,458; -0.68 pct

u.s. Economic Data Due on Friday

1000 Leading index change mm for Oct: Expected +0.1 pct; Prior +0.2 pct

1030 ECRI Weekly Index: Prior +138.6

1030 ECRI weekly annualized: Prior +6.7 pct

1100 KC Fed Manufacturing for Nov: Prior +18

1100 KC Fed Composite Index for Nov: Prior +6

For Canadian Markets News, Click on Codes:

TSX market report

Canadian dollar and bonds report

Reuters global stocks poll for Canada

Canadian markets directory ($1= C$1.35) (Reporting by Nandi Kaul in Bengaluru; Editing by Savio D'Souza)

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