June 28 (Reuters) - Canada’s main stock index futures edged higher on Friday, ahead of gross domestic product data, gaining support from higher gold prices.
September futures on the S&P/TSX index were up 0.17% at 7:00 a.m. ET.
Data on April gross domestic product and May producer prices are due at 8:30 a.m. ET.
Toronto Stock Exchange S&P/TSX composite index unofficially closed down 4.49 points, or 0.03%, at 16,307.73 on Thursday.
Dow Jones Industrial Average e-mini futures were up 0.26% at 7:00 a.m. ET, while S&P 500 e-mini futures were up 0.22% and Nasdaq 100 e-mini futures were up 0.07%.
ANALYST RESEARCH HIGHLIGHTS
Almaden Minerals: National Bank of Canada cuts rating to sector perform from outperform
Atco Ltd: RBC raises rating to sector perform from underperform
Detour Gold: National Bank of Canada cuts rating to sector perform from outperform
COMMODITIES AT 7:00 a.m. ET
Gold futures: $1,416.8; +0.34%
US crude: $59.42; -0.02%
Brent crude: $66.52; -0.05%
U.S. ECONOMIC DATA DUE ON FRIDAY
0830 Personal income mm for May: Expected 0.3%; Prior 0.5%
0830 Personal consumption real mm for May: Prior 0.0%
0830 Consumption, adjusted mm for May: Expected 0.4%; Prior 0.3%
0830 Core PCE price index mm for May: Expected 0.2%; Prior 0.2%
0830 Core PCE price index yy for May: Expected 1.6%; Prior 1.6%
0830 PCE price index mm for May: Prior 0.3%
0830 PCE price index yy for May: Prior 1.5%
0945 Chicago PMI for June: Expected 53.1; Prior 54.2
1000 U Mich Sentiment Final for June: Expected 98.0; Prior 97.9
1000 U Mich Conditions Final for June: Expected 112.6; Prior 112.5
1000 U Mich Expectations Final for June: Expected 89.4; Prior 88.6
1000 U Mich 1 year inflation final for June: Prior 2.6%
1000 U Mich 5-year inflation final for June: Prior 2.2%
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$1.31)
Reporting by Hrithik Kiran Bagade in Bengaluru; Editing by Shailesh Kuber
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