Canada Stocks: TSX futures lower as gold prices ease

Source Energy Services

09/07/2019 12:28

July 9 (Reuters) - Stock futures pointed to a lower opening
for Canada's main stock index on Tuesday, weighed down by
falling gold prices.
    Gold eased as the dollar rallied on expectations of a less
dovish U.S. Federal Reserve ahead of testimony from Chairman
Jerome Powell. Powell's two-day testimony before Congress starts
on Wednesday.  urn:newsml:reuters.com:*:nL4N24A1V1
    September futures on the S&P/TSX index  SXFc1  were down
0.1% at 7:00 a.m. ET.
    Canadian building permits data is due at 8:30 a.m. ET 
    The Toronto Stock Exchange's S&P/TSX  .GSPTSE  fell 79.04
points, or 0.48 percent, to 16,462.95 on Monday.  urn:newsml:reuters.com:*:nL8N2495D3
    Dow Jones Industrial Average e-mini futures  1YMc1  were
down 0.37% at 7:00 a.m. ET, while S&P 500 e-mini futures  ESc1 
were down 0.38% and Nasdaq 100 e-mini futures  NQc1  were down
0.5%.  .N 
  
    
    ANALYST RESEARCH HIGHLIGHTS  RCH/CA 
    Genworth MI Canada Inc  MIC.TO : RBC raises rating to
"outperform" from "sector perform"
    Source Energy Services Ltd  SHLE.TO : Canaccord Genuity cuts
rating to "hold" from "speculative buy"
    Teck Resources Ltd  TECKb.TO : J.P. Morgan cuts target price
to C$50 from C$55
    
    COMMODITIES AT 7:00 a.m. ET  COM/WRAP 
    Gold futures  GCc2 : $1,391.3; -0.64%  GOL/ 
    US crude  CLc1 : $57.97; +0.54%  O/R 
    Brent crude  LCOc1 : $64.48; +0.58%  O/R 
    
        
    U.S. ECONOMIC DATA DUE ON TUESDAY
    1000 JOLTS job openings for May: Expected 7.470 mln; Prior
7.449 mln
    
        
    FOR CANADIAN MARKETS NEWS, CLICK ON CODES:
    TSX market report  .TO 
    Canadian dollar and bonds report  CAD/   CA/ 
    Reuters global stocks poll for Canada  EQUITYPOLL1 
 EPOLL/CA 
    Canadian markets directory  CANADA 
    
    ($1 = C$1.31)

 (Reporting by Nachiket Tekawade in Bengaluru; Editing by Maju
Samuel)
 ((Nachiket.tekawade@thomsonreuters.com))