Toronto futures up on strong bullion, earnings hope

Asia's Tech News Daily

(Reuters) – Futures for Canada’s main stock index rose on Thursday, a day after the benchmark index posted its worst session in nearly a month, buoyed by gains in gold prices and prospects of encouraging corporate earnings.

Toronto futures up on strong bullion, earnings hope
© Reuters/Mark Blinch FILE PHOTO: A sign board displaying Toronto Stock Exchange stock information is seen in Toronto

December futures on the S&P/TSX index were up 0.5% at 7 a.m. ET (1100 GMT).

Gold price rose, hovering above $1,800 an ounce as softer U.S. Treasury yields lifted its appeal. [GOL/]

Investors are focused on corporate earnings as companies including major miners and energy producers are scheduled to report later in the day.

The Toronto Stock Exchange’s S&P/TSX composite index ended 1% lower at 20,954.99 on Wednesday, its biggest decline since Sept. 28 after the Bank of Canada signaled it could raise interest rates sooner than previously thought. [.TO]

Dow e-minis were up 78 points, or 0.22% at 7 a.m. ET, while S&P 500 e-minis were up 12 points, or 0.26% and Nasdaq 100 e-minis were up 74.75 points, or 0.48%. [.N]

TOP STORIES [TOP/CAN]

Canadian business jet maker Bombardier Inc posted a smaller second-quarter loss on Thursday, as demand for private jets from corporations and wealthy buyers returned after the pandemic crimped sales last year.

Oil producer Suncor Energy Inc doubled its dividend on Wednesday as a rebound in crude prices from pandemic-driven lows helped it post a third-quarter profit compared with a year-ago loss.

ANALYST RESEARCH HIGHLIGHTS [RCH/CA]

Allied Properties REIT: National Bank of Canada raises PT to C$52 from C$50

Topaz Energy Corp: ATB Capital Markets raises target price to C$24 from C$22

Trican Well Service Ltd: ATB Capital Markets raises PT to C$4 from C$3.75

COMMODITIES AT 7 a.m. ET

Gold futures: $1800.7; +0.16% [GOL/]

U.S. crude: $81.25; -1.73% [O/R]

Brent crude: $83.28; -1.54% [O/R]

U.S. ECONOMIC DATA DUE ON THURSDAY

0830 GDP advance for Q3 : Expected 2.7%; Prior 6.7%

0830 GDP sales advance for Q3 : Prior 8.1%

0830 GDP cons spending advance for Q3 : Prior 12.0%

0830 GDP deflator advance for Q3 : Expected 5.5%; Prior 6.2%

0830 Core PCE prices advance for Q3 : Expected 4.5%; Prior 6.1%

0830 PCE prices advance for Q3 : Prior 6.5%

0830 Initial jobless claims: Expected 290,000; Prior 290,000

0830 Jobless claim 4-week average : Prior 319,750

0830 Continue jobless claim : Expected 2.415 mln; Prior 2.481 mln

1000 Pending Homes Index for Sep : Prior 119.5

1000 Pending sales change mm for Sep : Expected 0.0%; Prior 8.1%

1100 KC Fed Manufacturing for Oct : Prior 10

1100 KC Fed Composite Index for Oct : Prior 22

FOR CANADIAN MARKETS NEWS, CLICK ON CODES:

TSX market report [.TO]

Canadian dollar and bonds report [CAD/] [CA/]

Reuters global stocks poll for Canada

Canadian markets directory

($1= C$1.24)

(Reporting by Amal S in Bengaluru; Editing by Lisa Shumaker)

Internet Explorer Channel Network
Asia's Tech News Daily
News Related

OTHER NEWS

Queen Elizabeth and Barbados relationship change symbolizes a generational shift

Perhaps against the wishes of an older West Indian generation, the new republic made a move that leaves an open question about what comes next. Read more »

Aziz Ansari engaged to girlfriend Serena Skov Campbell - report

Aziz Ansari is reportedly engaged to his girlfriend Serena Skov Campbell. The Master of None star reportedly announced his engagement news during a surprise stand-up set at the Comedy Cellar ... Read more »

Arthur Labinjo-Hughes' monster stepmum scoffs McDonald's & licks ice cream while six-year-old starves in hallway

EVIL Emma Tustin and Thomas Hughes scoffed McDonald’s and ice cream as Arthur Labinjo-Hughes starved in the hallway. Shocking CCTV footage obtained exclusively by The Sun shows the smiling couple ... Read more »

Zhou under less F2 pressure with Alfa seat confirmed

Guanyu Zhou admits pressure “got to him” before his Alfa Romeo seat for 2022 was confirmed and feels relieved now that it has been. © PA Images Guanyu Zhou in ... Read more »

Madurai: No Entry for Unvaccinated People in Malls, Banks, Wedding Halls from Next Week

© Provided by News18 Madurai: No Entry for Unvaccinated People in Malls, Banks, Wedding Halls from Next Week The Madurai district administration in Tamil Nadu imposed restrictions on unvaccinated people ... Read more »

Weather Update: Rainfall to increase today in these states, warns IMD - check details

© Provided by Zee News New Delhi: Director General of India Meteorological Department (IMD) Mrutyunjay Mohapatra on Saturday (December 4) said that Cyclone Jawad can cause damage to crops but ... Read more »

EastEnders star Maisie Smith flashes her toned tum in crop top in stunning new snap

EASTENDERS actress Maisie Smith oozed sass as she flashed her abs in a crop top with baggy jeans. The Tiffany Butcher actress, 20 – whose character was today slammed by ... Read more »

Setback for Pak-Lanka Relations? Shocked by Lynching Over 'Blasphemy', Colombo Dials Up Imran Khan

© Provided by News18 Setback for Pak-Lanka Relations? Shocked by Lynching Over ‘Blasphemy’, Colombo Dials Up Imran Khan The brutal mob lynching of a Sri Lankan citizen in Pakistan has ... Read more »

Ahead of assembly elections, PM Modi likely to visit Uttar Pradesh in December

In view of the assembly elections, Prime Minister Narendra Modi is on a continuous tour of Uttar Pradesh. PM Modi is expected to be in Uttar Pradesh four times in ... Read more »

South Africa returnee tests positive for Omicron variant in Gujarat's Jamnagar

A person who travelled from South Africa to Gujarat’s Jamnagar has tested positive for the Omicron variant of coronavirus, the state health department has confirmed. The person came to Jamnagar ... Read more »

Nod to the Navy: Coming Soon, Books to Remind India of Its Seafaring Glory from Vedas to Cholas to 1971's Op X

© Provided by News18 Nod to the Navy: Coming Soon, Books to Remind India of Its Seafaring Glory from Vedas to Cholas to 1971’s Op X The Information and Broadcasting ... Read more »

Cyclone Jawad likely to weaken into deep depression before hitting Odisha-AP coast

An NDRF team at a beach in Odisha’s Puri Cyclone Jawad, currently centred over west-central Bay of Bengal, is likely to weaken into a deep depression before it reaches the ... Read more »

It's a Wake Up Call. Omicron Already Here, It's Not Coming From Abroad: CSIR Institute Chief

© Provided by News18 It’s a Wake Up Call. Omicron Already Here, It’s Not Coming From Abroad: CSIR Institute Chief Detection of the Omicron variant in a Covid-positive person with ... Read more »

Uptown horror: On Davide Giri's accused killer

Vincent Pinkney, member of a gang called Everybody Killas and proud owner of a rap sheet 16 arrests long, didn’t need a tour when he was sent back to Rikers ... Read more »

Love Island's Toby reveals girlfriend Chloe's most annoying habits after moving in together

LOVE Island star Toby Aromolaran has spilled the beans on his girlfriend Chloe Burrows' most annoying habits after moving in together. The 23-year-old is loved up with his blonde bombshell ... Read more »

Passengers are missing their flights due to new airport rules

AIRPORTS are usually bustling with noisy announcements telling passengers when to catch their flight. But many airports are stopping overhead speakers making flight calls to become 'silent airports' – and ... Read more »

I'm a bartender & these are the grossest things I've seen – I've even picked up beer bottles full of POO

FROM the outside looking in, you'd assume that the hardest part of being a bartender is dealing with the huge crowds of people wanting to be served. But for Katherine ... Read more »

Jodie Whittaker on saying goodbye to Doctor Who: ‘I thought, what if I've ruined this for actresses?'

© Provided by The Guardian Time to grieve … Jodie Whittaker with Andrew Buchan in Broadchurch. Photograph: ITV/Rex Jodie Whittaker made history in 2017 when she took over from Peter ... Read more »

Janelle Monáe Is Writing A Short Story Collection Inspired By Dirty Computer

© Provided by Refinery29 Janelle Monáe is making her literary debut with The Memory Librarian: And Other Stories from Dirty Computer. Based on the Afrofuturistic world of Dirty Computer, The ... Read more »

Little Mix fans share love and heartbreak as group goes on a break: ‘I will love them eternally'

Little Mix have announced that they’re taking a break from the group so they can “recharge and work on some other projects” – and fans are absolutely heartbroken. There was ... Read more »

Actor Julian Morris comes out and unveils boyfriend in adorable anniversary celebration

Pretty Little Liars heartthrob Julian Morris took to Instagram yesterday to share an emotional post celebrating 18 years with his boyfriend Landon Ross. Accompanied by a carousel of photos from ... Read more »

Katrina Kaif, Vicky Kaushal's Bollywood wedding: The dos and don'ts for guests

© Provided by Khaleej Times Photo: Twitter Preparations for the wedding of Indian actors Katrina Kaif and Vicky Kaushal from December 7 to 9, are on full swing and the ... Read more »

Liverpool vs. Wolverhampton odds, picks: Soccer expert reveals Premier League predictions for Dec. 4, 2021

Liverpool will try to stay hot but faces a dangerous matchup on Saturday when it visits Molineux Stadium to take on Wolverhampton in an English Premier League matchup. Liverpool (9-4-1) ... Read more »

8 big wellbeing trends and predictions for 2022

From nurturing our mental health to environmental care, the biggest wellbeing trends for 2022 have been revealed. All aspects of ‘wellness’ have had a shake-up over the past 18 months ... Read more »

Today's rugby headlines as Drakeford claims Cardiff 'entirely wrong' and Dragons star lifts lid on 'tough' Barbarians vs Samoa cancellation

Here are your rugby headlines for Saturday, December 4. Drakeford insists Cardiff are ‘simply and entirely wrong’ First Minister Mark Drakeford has told Cardiff Rugby representatives they were “entirely wrong” ... Read more »

Covid: Vaccine decision for children as young as five expected next week

© Getty Images One expert said public opinion on vaccinating children is ‘shifting’ – Getty The UK’s medicines regulator is set to announce a decision on whether to vaccinate children ... Read more »

AP News Digest 3:45 a.m.

© Copyright 2021 The Associated Press. All rights reserved. APTOPIX Virus Outbreak South Africa – Copyright 2021 The Associated Press. All rights reserved. Here are the AP’s latest coverage plans, ... Read more »

UK weather: More snow to come as thousands face second weekend without power

© PA Cars drive through the snow in Gunnerside, North Yorkshire in late November – PA More snow is set to fall this weekend across parts of the UK as ... Read more »

Clare dual stars, Limerick coaching help and stopping Loughmore's double bid

© INPHO Gavin Cooney David Reidy and Darren O’Neill are all involved with a ire a g Ennis. THE WONDROUS TALE of Loughmore-Castleiney sweeping through Tipperary on the double title ... Read more »

Bencic geimpft, Djokovic will sich bald entscheiden

© KEYSTONE/EPA/MARTIN DIVISEK Belinda Bencic lässt sich gegen das Coronavirus impfen und wird damit am Australian Open dabei sein können. Grünes Licht für die Olympiasiegerin: Wie Belinda Bencic gegenüber CH ... Read more »

Abhishek Bachchan reveals Aishwarya Rai was ‘reserved' with her comments, Aaradhya found Bob Biswas ‘cute'

© Provided by Pinkvilla Abhishek Bachchan is currently basking in the success of his recently released movie Bob Biswas. The actor has been accolading praises from all his fans and ... Read more »

The Beatles: Get Back and the magic of seeing chords become anthems

Linda McCartney/Apple Corps Filmed in January 1969, the documentary “Let It Be” follows The Beatles rehearsing and recording songs for their 12th studio album of the same name. It also ... Read more »

BioNTech CEO says vaccine upgrade on the cards, ready to move quickly

General view of the BioNTech building in Marburg By Ludwig Burger FRANKFURT (Reuters) -BioNTech should be able to adapt its coronavirus vaccine relatively quickly in response to the Omicron variant, ... Read more »

Here are some homeware products for eco-conscious households

© Provided by Daily Mail MailOnline logo If you thought that having recycled homewares in your house meant accepting hand-me-downs, it is time to think again. Homeware designers are increasingly ... Read more »

Four things Britons need to know about settling in the EU post-Brexit

Europe remains an attractive prospect for people hoping to settle abroad, with some of the most stunning countries in the world. Nations such as Germany, Italy, Greece, France and Spain ... Read more »

State pension fury as Johnson's triple lock move 'could cost lives'

Many people who receive a state pension were left furious earlier this year when the Government announced the triple lock will be abandoned. The policy guarantees that payments will increase ... Read more »

'Bigg Boss Telugu 5': Sreerama Chandra becomes the first finalist of the season

© IANS Sree Rama Chandra-Bigg Boss Telugu 5. Hyderabad, Dec 4 (IANS) Singer Sreerama Chandra has made it to the list of finalists of ‘Bigg Boss Telugu 5’ after a ... Read more »

Kili Paul and Neema, the Viral Siblings from Tanzania, Hope to Visit India Soon: 'We Will Do More Videos for Indian Fans' | Exclusive

© Provided by News18 The friendly voice on the other end of the phone sounds excited. It’s 9 pm in Tanzania. Five minutes ago, when Neema Paul answered our call, ... Read more »

PICS: Vijay Deverakonda spotted as he gets back to fitness routine post an intense shoot in Las Vegas

Vijay Deverakonda is back to fitness after his shooting schedule in Las Vegas. The actor was spotted outside his gym in Hyderbad post-workout. The Dear Comrade actor was seen sporting ... Read more »

Shilpa Shetty and Shamita Shetty are Sister Goals, Check Out Their Gorgeous Looks

Actress<figcaption class= Calling her sister a ‘brave soul’ and a ‘fighter,’ Shilpa wrote that some people are misinterpreting Shamita’s behaviour as arrogant because ‘they think’ she’s privileged or is fake. ... Read more »
On free-english-test.com you will find lots of free English exam practice materials to help you improve your English skills: grammar, listening, reading, writing, ielts, toeic