December 17, 2019 / 12:54 PM / 7 months ago

CANADA STOCKS-TSX set to break three-day win streak

Dec 17 (Reuters) - Canada stocks futures fell on Tuesday, putting the main index on track to break a three-day winning streak, as optimism over an interim U.S.-China trade deal waned.

December futures on the S&P/TSX index were down 0.2% at 7:00 a.m. ET (1200 GMT).

Manufacturing sales data is due at 08:30 a.m. ET

The Toronto Stock Exchange’s TSX closed up 0.31% to 17,056.36 on Monday.

Dow Jones Industrial Average e-mini futures were down 0.13% at 7:00 a.m. ET, while S&P 500 e-mini futures were down 0.04% and Nasdaq 100 e-mini futures were flat.

TOP STORIES

Canadian lumber products company Canfor Corp has rejected Great Pacific Capital Corp’s proposal to take it private.

ANALYST RESEARCH HIGHLIGHTS

Canadian Pacific Railway Ltd: JPMorgan raises target price to C$356 from C$346.

Cineplex Inc: CIBC raises target price to C$34 from C$29.

First Quantum Minerals Ltd: JPMorgan raises target price to C$15 from C$12.

Hexo Corp: Canaccord Genuity cuts target price to C$2.50 from C$2.75.

COMMODITIES AT 7:00 a.m. ET

Gold futures: $1,480; +0.14%

US crude: $60.38; +0.28%

Brent crude: $65.57; +0.35%

U.S. ECONOMIC DATA DUE ON TUESDAY

0830 Building permits number for Nov: Expected 1.410 mln; Prior 1.461 mln

0830 Build permits change mm for Nov: Prior 5.0%

0830 Housing starts number for Nov: Expected 1.345 mln; Prior 1.314 mln

0830 House starts change mm for Nov: Prior 3.8%

0915 Industrial production mm for Nov: Expected 0.8%; Prior -0.8%

0915 Capacity utilization SA for Nov: Expected 77.4%; Prior 76.7%

0915 Manufacturing output mm for Nov: Expected 0.7%; Prior -0.6%

0915 (approx.) Industrial production YoY for Nov: Prior -1.13%

1000 JOLTS job openings for Oct: Expected 7.018 mln; Prior 7.024 mln

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$1.33 Reporting by Priyanka Das in Bengaluru; Editing by Amy Caren Daniel

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