CANADA STOCKS-TSX futures indicate higher open on China optimism

Fri, 28 Mar - 9:34pm

March 28 (Reuters) - Canadian stocks are likely to open higher on Friday, supported by reports that China could fast-track infrastructure spending to boost its economy. No major Canadian data is scheduled.

June futures on the S&P TSX index 0#SXF: were up 0.22 percent at 0715 ET.

The index ended little changed on Thursday after worries about the Ukraine crisis overshadowed data that showed stronger-than-expected U.S. economic growth and a drop in new applications for unemployment benefits. News Search ID:nL1N0MO1ZH

Dow Jones industrial average futures DJc1 were up 0.26 percent at 0715 ET, S&P 500 futures SPc1 were up 0.27 percent and Nasdaq 100 futures NDc1 were up 0.40 percent. Href="NewsSearch">.N

(Morning News Call newsletter Href="Link">http://link.reuters.com/nex49s;

The Day Ahead newsletter Href="Link">http://link.reuters.com/mex49s)

TOP STORIES Href="NewsSearch">TOP/CAN

BlackBerry Ltd BB.TO reported a fourth-quarter loss of $423 million, or 80 cents per share, compared with a year-earlier profit of $98 million, or 19 cents per share, as smartphone sales continued to slide. News Search ID:nL1N0MP0B0

BRP Inc DOO.TO , the maker of Ski-Doo snowmobiles and Sea-Doo watercraft, posted a quarterly net loss, mainly due to higher expenses. News Search ID:nL4N0MP2FF

The Ontario Securities Commission is pushing for an amendment to the Criminal Code that would allow investigators to use wiretaps to investigate insider trading. News Search ID:nL1N0MO1K6

COMMODITIES AT 0715 ET Href="NewsSearch">COM/WRAP

Gold futures GCc1 : $1,296.2; +0.12 pct Href="NewsSearch">GOL/

US crude CLc1 : $101.75; +0.46 pct Href="NewsSearch">O/R

Brent crude LCOc1 : $108.11; +0.26 pct Href="NewsSearch">O/R

LME 3-month copper CMCU3 : $6,639; +1.18 pct Href="NewsSearch">MET/L

ANALYST RESEARCH HIGHLIGHTS Href="NewsSearch">RCH/CA

Kinross Gold K.TO : Goldman Sachs raises to neutral from sell

Agnico Eagle Mines AEM.TO : Canaccord Genuity raises to buy from hold

Oilfield Services: Canaccord ups targets on Calfrac Well

CFW.TO , others

Primero Mining Corp P.TO : CIBC raises target price to C$10 from C$8

U.S. ECONOMIC DATA DUE ON FRIDAY

0830 Personal Consumption Real mm Feb: Prior +0.3 pct

0830 Personal Income mm Feb: Expected +0.2 pct Prior +0.3 pct

0830 Consumption, Adjusted mm Feb: Expected +0.3 pct Prior +0.4 pct

0830 Core PCE Price Index yy Feb: Prior +1.1 pct

0830 PCE Price Index mm Feb: Prior +0.1 pct

0830 Core PCE Price Index mm Feb: Expected +0.1 pct Prior +0.1 pct

0830 PCE Price Index yy Feb: Prior +1.2 pct

0955 UMich Sentiment Final March: Expected 80.5 Prior 79.9

0955 UMich Conditions Final March: Expected 96.3 Prior 96.1

0955 UMich Expectations Pr F March: Expected 70.2 Prior 69.4

0955 UMich 1Yr Inflation P F March: Prior 3.2 pct

0955 UMich 5-Yr Inflation F March: Prior 2.9

1030 ECRI Weekly Index for w/e: Prior 132.9

1030 ECRI Weekly Annualized for w/e: Prior 2.3

FOR CANADIAN MARKETS NEWS, CLICK ON CODES IN BRACKETS:

TSX market report Href="NewsSearch">.TO

Canadian dollar and bonds report Href="NewsSearch">CAD/ Href="NewsSearch">CA/

Reuters global stocks poll for Canada EQUITYPOLL1

EPOLL/CA

Canadian markets directory

($1= $1.11 Canadian)

(Reporting by Ayesha Sruti Ahmed in Bangalore; Editing by Ted Kerr)

((ayeshasruti.ahmed@thomsonreuters.com)(91 80 6749 4811)(Reuters Messaging:)(ayeshasruti.ahmed.thomsonreuters.com@reuters.net))

Keywords: MARKETS CANADA/STOCKS

URN: 
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