(Reuters) - Stock futures pointed to a higher opening for Canada’s main stock index on Wednesday, tracking gains in Asia and Europe, as pessimism over the Greek deal saga faded.
March futures on the S&P TSX index SXFc1 were up 0.19 percent at 7:15 a.m. ET.
Wholesale trade data is due at 8:30 a.m. ET. ECONCA
Canada’s main stock index edged higher on Tuesday as a jump in Restaurant Brands International Inc (QSR.TO), following the fast-food chain’s quarterly report, helped offset declines in the natural resource sectors after commodity prices weakened.
Dow Jones Industrial Average e-mini futures 1YMc1 were up 0.04 percent at 7:15 a.m. ET on Wednesday, while S&P 500 e-mini futures ESc1 were down 0.02 percent and Nasdaq 100 e-mini futures NQc1 were up 0.07 percent.
Canada is imposing sanctions against top Russian oil firm NK Rosneft OAO and the head of conglomerate Rostec, among others, in response to the actions of Russian-backed militants in Ukraine, Ottawa said on Tuesday.
Cenovus Energy Inc (CVE.TO), Canada’s No. 2 independent oil producer, said on Tuesday that it had agreed to sell 67.5 million shares to a group of underwriters as it seeks to raise about C$1.5 billion for its 2015 capital spending budget as oil prices remain weak.
COMMODITIES AT 7:15 a.m. ET
Gold futures GCc1: $1,208.5; +0.03 pct
US crude CLc1: $52.73; -1.49 pct
Brent crude LCOc1: $61.34; -1.9 pct
LME 3-month copper CMCU3: $5,689.5; +0.71 pct
Trinidad Drilling (TDG.TO): Raymond James raises to outperform from market perform
Exfo Inc (EXF.TO): CIBC cuts to sector underperformer from sector performer
Rona Inc RON.TO: National Bank Financial raises to outperform from sector perform
0830 Building permits number for Jan: Expected +1.069 mln; Prior +1.058 mln
0830 Build permits change mm for Jan: Prior +0.6 pct
0830 Housing Starts number mm for Jan: Expected +1.070 mln; Prior +1.089 mln
0830 House starts change mm for Jan: Prior +4.4 pct
0830 PPI final demand mm for Jan: Expected -0.4 pct; Prior -0.2 pct
0830 PPI ex-food/energy mm for Jan: Expected +0.1 pct; Prior +0.3 pct
0830 PPI final demand yy for Jan: Expected +0.3 pct; Prior +1.1 pct
0830 PPI ex-food/energy yy for Jan: Expected +2.0 pct; Prior +2.1 pct
0915 Industrial output mm for Jan: Prior -0.1 pct
0915 Capacity utilization mm for Jan: Expected +79.9 pct; Prior +79.7 pct
0915 Manufacturing output mm for Jan: Expected +0.3 pct; Prior +0.3 pct
Reuters global stocks poll for Canada EQUITYPOLL1 <EPOLL/CA>Canadian markets directory CANADA
Reporting by Nandi Kaul in Bengaluru; Editing by Simon Jennings