CANADA STOCKS-Futures boosted by higher oil prices

Tue Nov 22, 2016 7:28am EST
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Nov 22 (Reuters) - Stock futures pointed to a higher opening for Canada's main stock index on Tuesday as oil prices rose due to a growing consensus that the OPEC would strike a deal to cut output.

December futures on the S&P TSX index were up 0.32 percent at 7:15 a.m. ET.

Retail sales data for September is due at 8:30 a.m. ET

Canada's main stock index jumped to a 17-month high on Monday, led by a more than 3 percent gain for its energy sector as oil rallied ahead of an OPEC meeting next week.

Dow Jones Industrial Average e-mini futures were up 0.25 percent at 7:15 a.m. ET, while S&P 500 e-mini futures were up 0.26 percent and Nasdaq 100 e-mini futures were up 0.40 percent. (Morning News Call newsletter; The Day Ahead newsletter


Canada's competition watchdog concluded on Monday that the country's largest stock exchange operator, TMX Group Ltd, did not violate anti-competitive rules despite its refusal to share private market data with a rival.

Canada will speed up plans to virtually eliminate traditional coal-fired electricity by 2030, the government said on Monday, a stance contrasting sharply with that of U.S. President-elect Donald Trump, who has pledged to revive the sector.

COMMODITIES AT 7:15 a.m. ET   Continued...