CANADA-TSX STOCK futures fall as gold and oil prices weigh

April 14 (Reuters)Futures for Canada’s main stock index fell slightly on Thursday, under pressure from falling bullion and crude prices, as investors awaited a batch of economic data expected later in the day.

June futures on the S&P/TSX index SXFc1 were down 0.1% as of 7:04 a.m. ET.

Gold XUA= fell, but the yellow metal was still on track for a weekly gain supported by safe-haven demand amid the Ukraine crisis and mounting price pressures. GOL/

Oil prices slid more than 1% in tight trade ahead of a holiday as traders weighed a bigger-than-expected rise in U.S. oil inventories against a tightening in global supply. OR

Wholesale trade and factory sales data for Canada for February are due at 8:30 a.m. ET.

The Toronto Stock Exchange S&P/TSX Composite Index .GSPTSE ended up 0.6% at 21,838.02 on Wednesday. .FOR

Dow e-minis 1YMcv1 were up 81 points, or 0.23%, as of 7:04 a.m. ET. S&P 500 Mini-Electronics ESCv1 were up 2.75 points, or 0.06%, and Nasdaq 100 e-minis NQcv1 increased by 16.25 points, or 0.11%. .NOT

TOP STORIES TOP/CAN

TD Bank Group TD.TO will offer eligible employees a 3% increase in their base salary or a one-time cash award starting July 1, chief executive Bharat Masrani said in an internal memo on Wednesday.

Uniti Group UWL.AX has accepted a takeover bid of almost 3.62 billion Australian dollars ($2.70 billion) by a unit of the Canadian company Brookfield Asset Management Inc. BAMa.TO and fund manager Morrison & Co.

ANALYSTS RESEARCH HIGHLIGHTS RCH/CA

Baytex Energy Corporation BTE.TO: National Bank of Canada improves to outperform the sector

Questor Technology QST.V: Atb Capital Markets cuts to underperform sector performance

Rubellite Energy Inc RBY.TO: Cormark Securities initiates with a buy rating

GOODS AT 7:00 a.m. ET

Gold Futures Contracts GCc2: $1,970.8; -0.6%; GOL/

American crude CLc1: $103.1; -1.1% OR

Crude Brent LCOc1: $107.37; -1.3% OR

US ECONOMIC DATA DUE THURSDAY

0830 Retail sales excluding automobiles mm for March: 1.0% expected; Before 0.2%

0830 mm Retail Sales for March: 0.6% expected; Before 0.3%

08:30 Continuation of the unemployment claim: 1,500 million expected; Before 1.523 million

08:30 Initial unemployment registration: 171,000 expected; Before 166,000

0830 March import price mm: 2.3% expected; Before 1.4%

1000 U Mich Preliminary Sentiment for Apr: Expected 59.0; Before 59.4

1000 mm Business Inventories for February: 1.3% expected; Before 1.1%

FOR NEWS FROM CANADIAN MARKETS, CLICK ON THE CODES:

TSX Market Report .FOR

Canadian dollar and bond report BODY/CALIFORNIA/

Reuters Global Equity Survey for Canada EQUITYPOLL1, EPOLL/CA

Directory of Canadian Markets CANADA

($1 = CA$1.25)

(Reporting by Devik Jain in Bengaluru; Editing by Amy Caren Daniel)

((Devik.Jain@thomsonreuters.com; in US +1 646 223 8780; outside US +91 80 6182 2062; ;))

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


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