TSX futures advance on gold uptick, strong earnings; US jobs data on tap
Aug 8 (Reuters) -Futures for Canada's main stock index inched higher on Thursday, supported by an uptick in gold prices and positive corporate earnings, while caution ahead of a U.S. jobs reading kept a check on gains.
September futures on the S&P/TSX index SXFcv1 were up 0.4% at 6:48 a.m. ET (10:48 GMT).
The Toronto Stock Exchange's S&P/TSX composite index .GSPTSE ended 0.5% lower on Wednesday and closed at its lowest since June 28.
The index opened strongly, boosted by a surge in e-commerce platform Shopify SHOP.TO, but fizzled out on numerous challenges to the market outlook, including the winding down of yen-funded carry trades and persistently high U.S. interest rates.
U.S. index futures were mixed on Thursday as investors awaited a weekly jobs reading due at 8:30 a.m. ET. .N
The dataset is in the spotlight following weak economic numbers last week that stoked recession fears in the world's biggest economy, and in part triggered Monday's sell-off.
On the commodities side, oil prices steadied after two sessions of gains, as growing supply risks from the Middle East offset demand concerns. O/R
Miners will be in focus again as spot gold prices XAU= inched higher while copper prices stabilized after their downward trend. GOL/ MET/L
Also on the radar are domestic employment numbers, due Friday, and a slew of corporate updates as the earnings season picks up pace in Canada.
Among stocks, Manulife Financial MFC.TO reported better-than-expected quarterly profit on Wednesday, powered by a 40% rise in earnings from Asia.
Restaurant Brands International QSR.TO beat Wall Street expectations for second-quarter revenue, as its Tim Hortons and Burger King outlets enjoyed steady demand.
COMMODITIES AT 6:48 a.m. ET
Gold futures GCc2: $2,406.2; +0.3% GOL/
US crude CLc1: $75.07; -0.2% O/R
Brent crude LCOc1: $78.04; -0.4% O/R
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$1.3747)
Reporting by Purvi Agarwal in Bengaluru; Editing by Vijay Kishore
免責聲明: XM Group提供線上交易平台的登入和執行服務，允許個人查看和/或使用網站所提供的內容，但不進行任何更改或擴展其服務和訪問權限，並受以下條款與條例約束：（i）條款與條例；（ii）風險提示；（iii）完全免責聲明。網站內部所提供的所有資訊，僅限於一般資訊用途。請注意，我們所有的線上交易平台內容並不構成，也不被視為進入金融市場交易的邀約或邀請 。金融市場交易會對您的投資帶來重大風險。
所有缐上交易平台所發佈的資料，僅適用於教育/資訊類用途，不包含也不應被視爲適用於金融、投資稅或交易相關諮詢和建議，或是交易價格紀錄，或是任何金融商品或非應邀途徑的金融相關優惠的交易邀約或邀請。
本網站的所有XM和第三方所提供的内容，包括意見、新聞、研究、分析、價格其他資訊和第三方網站鏈接，皆爲‘按原狀’，並作爲一般市場評論所提供，而非投資建議。請理解和接受，所有被歸類為投資研究範圍的相關内容，並非爲了促進投資研究獨立性，而根據法律要求所編寫，而是被視爲符合營銷傳播相關法律與法規所編寫的内容。請確保您已詳讀並完全理解我們的非獨立投資研究提示和風險提示資訊，相關詳情請點擊 這裡查看。
