CANADA STOCKS-Futures flat ahead of U.S. jobs data

Fri Sep 2, 2016 7:31am EDT
 
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Sept 2 (Reuters) - Stock futures pointed to a flat opening for Canada's main stock index on Friday as investors play it safe ahead of U.S. jobs data, awaiting clues on the next U.S. Federal Reserve rate hike.

The data is due at 8:30 a.m. ET, and a strong report could increase the possibility of a rate hike as soon as this month.

Canada's trade deficit data for July is also due at 8:30 a.m. ET. The deficit is expected to have contracted slightly.

September futures on the S&P TSX index were up 0.08 percent at 7:15 a.m. ET.

Canada's main stock index rose on Thursday, led by gold mining stocks, after weak U.S. manufacturing data tempered expectations for Federal Reserve interest hikes.

Dow Jones industrial average e-mini futures were up 0.12 percent at 7:15 a.m. ET, while S&P 500 e-mini futures were up 0.07 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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