CANADA STOCKS-Futures lower after attack on Saudi facilities
Sept 16 (Reuters) - Futures for Canada's main stock index were lower on Monday after a weekend attack on crude facilities in Saudi Arabia disrupted global oil supplies and fuelled worries over the impact of an oil shock on economic growth.
An attack on Saudi Arabia that shut 5% of global crude output caused the biggest surge in oil prices since 1991. U.S. officials blamed Iran for the strike and President Donald Trump said Washington was "locked and loaded" to retaliate.
September futures on the S&P/TSX index SXFc1 were down 0.08% at 7:00 a.m. ET.
Data on foreign investments in Canadian securities and Canadian investments in foreign securities for July are due at 8:30 am ET.
The Toronto Stock Exchange S&P/TSX composite index .GSPTSE rose 0.24% to 16,682.42 on Friday.
Dow Jones Industrial Average e-mini futures 1YMc1 were down 0.4% at 7:00 a.m. ET, while S&P 500 e-mini futures ESc1 were down 0.42% and Nasdaq 100 e-mini futures NQc1 were down 0.61%. .N
TOP STORIES TOP/CAN
AngloGold Ashanti Ltd ANGJ.J has entered into an agreement with B2Gold BTO.TO at its Gramalote project in Colombia that will see its Canadian joint venture partner raise its stake and assume management of the project.
Greece is in talks with Canada's Eldorado Gold ELD.TO to secure higher royalties from its mining development projects and new jobs, Energy Minister Kostis Hatzidakis said on Monday.
Dream Global Real Estate Investment Trust DRG_u.TO said funds managed by Blackstone Group Inc BX.N would buy the Canadian firm in a C$6.2 billion deal.
ANALYST RESEARCH HIGHLIGHTS RCH/CA
Cascades Inc CAS.TO: CIBC raises price target to C$13 from C$11
Enghouse Systems Ltd ENGH.TO: RBC raises price target to C$50 from C$48
Kinaxis Inc KXS.TO: CIBC raises price target to C$95 from C$89
COMMODITIES AT 7:00 a.m. ET COM/WRAP
Gold futures GCc2: $1,503.9; +0.74% GOL/
US crude CLc1: $59.44; +8.37% O/R
Brent crude LCOc1: $65.49; +8.75% O/R
U.S. ECONOMIC DATA DUE ON MONDAY
0830 NY Fed Manufacturing for Sep: Expected 4.00; Prior 4.80
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
(Reporting by Samrhitha Arunasalam in Bengaluru; Editing by Maju Samuel)
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.