TSX futures rise on higher US crude prices

29 Aug, 2019

Futures for Canada's main stock index edged up on Thursday, supported by higher US crude prices amid positive comments from China on its trade war with the United States.

The two sides are discussing the next round of face-to-face talks scheduled in September, but hopes for progress hinge on whether Washington can create favourable conditions, China's commerce ministry said.

September futures on the S&P/TSX index were up 0.71% at 7:00 a.m. ET.

Canada's current account data for the second quarter is due at 8:30 a.m. ET

The Toronto Stock Exchange S&P/TSX composite index rose 0.54% to 16,271.65 on Wednesday.

Dow Jones Industrial Average e-mini futures were up 1.02% at 7:00 a.m. ET, while S&P 500 e-mini futures were up 0.96% and Nasdaq 100 e-mini futures were up 1.28%.

Copyright Reuters, 2019

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