Aug 22 (Reuters) - Futures for Canada’s main stock index were little changed on Wednesday as investors awaited June retail sales data.
September futures on the S&P/TSX index were down 0.02 percent at 7:15 a.m. ET.
Canada’s retail sales are expected to rise 0.1 percent in June, according to analysts polled by Reuters. Retail sales in May had clocked a 2 percent rise, their biggest increase in 7 month. The data is due at 8:30 a.m. ET.
The Toronto Stock Exchange’s S&P/TSX closed down on Tuesday.
Dow Jones Industrial Average e-mini futures were down 0.04 percent at 7:15 a.m. ET, while S&P 500 e-mini futures were down 0.09 percent and Nasdaq 100 e-mini futures were up 0.04 percent.
Royal Bank of Canada reported third-quarter earnings that were ahead of market expectations, helped by strong results from its retail, wealth management and investment banking businesses.
ANALYST RESEARCH HIGHLIGHTS
Brookfield Business Partners LP : RBC raises target price to $47 from $45
COMMODITIES AT 7:15 a.m. ET
Gold futures: $1205.4; +0.45 percent
US crude: $66.89; +1.59 percent
Brent crude: $73.85; +1.68 percent
LME 3-month copper: $6033.5; -0.19 percent
U.S. ECONOMIC DATA DUE ON WEDNESDAY
1000 Existing home sales for July: Expected 5.40 mln; Prior 5.38 mln
1000 Existing home sales percentage change for July: Expected 0.6 pct; Prior -0.6 pct
FOR CANADIAN MARKETS NEWS, CLICK ON CODES:
TSX market report
Canadian dollar and bonds report
Reuters global stocks poll for Canada
Canadian markets directory ($1= C$1.30) (Reporting by Swathi Nair in Bengaluru; Editing by Anil D’Silva)
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