Sri Lanka rupee edges down on importer dlr demand
COLOMBO, June 29 The Sri Lankan rupee weakened on Thursday due to dollar demand from importers and as an expected rise in imports pressured the local currency, dealers said.
March 2 Canada's main stock index was set for a lower start on Thursday, a day after scoring its biggest points gain in 10 months, as oil prices slipped following a surge in U.S. crude inventories.
March futures on the S&P TSX index were down 0.11 percent at 7:15 a.m. ET.
Canadian quarterly GDP data is due at 8:30 a.m. ET
The Toronto Stock Exchange's S&P/TSX composite index rallied on Wednesday as its financial services group cheered prospects for a March interest rate hike by the Federal Reserve.
Dow Jones Industrial Average e-mini futures were down 0.04 percent at 7:15 a.m. ET, while S&P 500 e-mini futures were down 0.08 percent and Nasdaq 100 e-mini futures were down 0.01 percent.
Toronto-Dominion Bank reported quarterly earnings ahead of market expectations, helped by a strong performance in both the United States and Canada.
Canadian Natural Resources Ltd reported a quarterly profit that blew past analysts' expectations, driven by higher realized prices from North America and low costs.
ANALYST RESEARCH HIGHLIGHTS
GDI Integrated Facility Services: CIBC raises target price to C$19 from C$17
National Bank of Canada: Desjardins raises price target to C$59 from C$56; rating "hold"
Shopify Inc: National Bank starts coverage with rating "outperform", C$80 target price
COMMODITIES AT 7:15 a.m. ET
Gold futures: $1245.4; -0.28 percent
US crude: $53.37; -0.85 percent
Brent crude: $55.88; -0.85 percent
LME 3-month copper: $6000; -0.27 percent
U.S. ECONOMIC DATA DUE ON THURSDAY
08:30 Initial jobless claims: Expected 243,000; Prior 244,000
08:30 Jobless claims 4-week average: Prior 241,000
08:30 Continued jobless claims: Expected 2.065 mln; Prior 2.060 mln
09:45 ISM-New York Index for Feb: Prior 731.3
09:45 ISM New York Business Conditions for Feb: Prior 57.7
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$1.34) (Reporting by Shradha Singh in Bengaluru; Editing by Savio D'Souza)
* Says "this year, the company’s rental income is expected to reach 150 million pesos"