CANADA STOCKS-Futures rise ahead of inflation, retail sales data

Fri May 19, 2017 7:27am EDT
 
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May 19 (Reuters) - Futures on Canada's main stock index rose on Friday as investors awaited inflation and retail sales data.

Canada's annual inflation rate is forecast to have risen slightly to 1.7 percent in April from 1.6 percent in March.

Statistics Canada will also release retail sales data, which is likely to have rebounded to 0.4 percent in March from a 0.6 percent fall in the previous month.

The reports are due at 8:30 a.m. ET.

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

Canada's main stock index eked out a slight gain on Thursday, as financial stocks recovered somewhat after a two-day selloff, while gold miners weighed as bullion turned lower.

Dow Jones Industrial Average e-mini futures were up 0.16 percent at 7:15 a.m. ET, while S&P 500 e-mini futures were up 0.25 percent and Nasdaq 100 e-mini futures were up 0.24 percent.

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