CANADA STOCKS-Futures prove reduce open, GDP misses forecasts


(Updates Canadian mercantile data)

June 30 (Reuters) – Canadian holds looked set to open lower
on Monday, after information showed a country’s GDP for Apr missed
forecasts.

June futures on a SP TSX index 0#SXF: were down 0.02
percent during 0845 ET.

Lower oil and gas prolongation caused a country’s economic
growth to come in reduce than approaching during 0.1 percent in April,
according to Statistics Canada information released, relating March’s
rise though next a 0.2 percent forecast.

The index rose on Friday as gains in shares of banks and
insurers helped overcome concerns about indolent mercantile data.

Dow Jones Industrial Average e-mini futures were
down 0.04 percent during 0845 ET, while SP 500 e-mini futures
were down 0.03 percent. Nasdaq 100 e-mini futures
were adult 0.07 percent.

(Morning News Call newsletter link.reuters.com/nex49s;
The Day Ahead newsletter link.reuters.com/mex49s)

TOP STORIES

Thomson Reuters is reworking a unfamiliar exchange
trading rules, a association said, following consultations with
market participants.

Wal-Mart Stores Inc disregarded Quebec’s labor code
when it sealed a store in a range that had turn one of
the initial in Canada to successfully unionize, a Supreme Court
of Canada ruled on Friday.

Saudi Arabia’s Mobily has sealed a $200 million
vendor financing agreement with Canada’s trade credit group to
buy apparatus from Alcatel Lucent, a kingdom’s
number dual telecommunications user pronounced on Sunday.

COMMODITIES AT 0845 ET

Gold futures : $1,314.7; -0.4 pct

US wanton : $105.18; -0.53 pct

Brent wanton : $112.39; -0.80 pct

LME 3-month copper : $6,947.75; +0.04 pct

ANALYST RESEARCH HIGHLIGHTS

Canadian National Railway : Barclays raises rating
to overweight

Lucara Diamond : Finncap raises aim cost to
C$2.29 from C$1.72

TransCanada Corp : Citigroup raises to buy from
neutral

U.S. ECONOMIC DATA DUE ON MONDAY

0945 Chicago PMI for June: Expected +63.0, before +65.5

1000 Pending homes index for May: Prior +97.8

1000 Pending sales change mm for May: Expected +1.5 pct,
prior +0.4 pct

1030 Dallas Fed production business index for June: Prior
+8.00

FOR CANADIAN MARKETS NEWS, CLICK ON CODES:

TSX marketplace report

Canadian dollar and holds report

Reuters tellurian holds check for Canada

Canadian markets directory

($1= $1.07 Canadian)

(Canada markets will sojourn sealed on Tuesday, Jul 1, in
observance of Canada Day.)

(Reporting by Mononshila Deka in Bangalore; Editing by
Saumyadeb Chakrabarty)

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