April 17 (Reuters) – Futures for Canada’s main stock index were higher on Wednesday, boosted by gains in oil prices, ahead of inflation and trade balance data.
June futures on the S&P/TSX index were up 0.12 percent at 7:00 a.m. ET.
Inflation data for March and trade balance for February are due at 8:30 a.m. ET
The Toronto Stock Exchange’s S&P/TSX fell 13.26 points, or 0.08 percent, to 16,502.20 on Tuesday.
Dow Jones Industrial Average e-mini futures were up 0.11 percent at 7:00 a.m. ET, S&P 500 e-mini futures 0.19 percent and Nasdaq 100 e-mini futures 0.28 percent.
ANALYST RESEARCH HIGHLIGHTS
Aurora Cannabis Inc: BofA Merrill initiates coverage with “buy” rating and C$15 price objective
Turquoise Hill Resources Ltd: TD Securities cuts price target to C$5 from C$5.50
COMMODITIES AT 7:00 a.m. ET
Gold futures: $1275.9; +0.13 percent
US crude: $64.45; +0.62 percent
Brent crude: $72.16; +0.61 percent
U.S. ECONOMIC DATA DUE ON WEDNESDAY
0830 International trade for Feb: Expected -$53.5 bln; Prior -$51.1 bln
1000 Wholesale inventory, R mm for Feb: Expected 0.5 pct
1000 Wholesale sales mm for Feb: Expected 0.3 pct; Prior 0.5 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$1.33) (Reporting by Pathikrit Bandyopadhyay in Bengaluru; Editing by Shinjini Ganguli)
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