CANADA STOCKS-TSX futures rise on strong China inflation data

Fri Oct 14, 2016 7:36am EDT
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Oct. 14 (Reuters) - Stock futures for Canada's main stock exchange rose on Friday as stronger-than-expected Chinese inflation data eased some concerns about the health of the world's second-biggest economy.

China's producer prices unexpectedly rose in September for the first time in nearly five years thanks to higher commodity prices, welcome news for the government as it struggles to whittle down a growing mountain of corporate debt.

December futures on the S&P TSX index were up 0.52 percent at 7:15 a.m. ET.

No economic indicators are expected for release.

Canada's main stock index rose on Thursday, bucking a global trend lower as energy stocks gained with higher oil prices and heavyweight banking stocks also moved higher.

Dow Jones Industrial Average e-mini futures were up 0.49 percent at 7:15 a.m. ET, while S&P 500 e-mini futures were up 0.47 percent and Nasdaq 100 e-mini futures were up 0.43 percent.

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