September futures on the S&P TSX index <SXFc1> were up 0.48 percent at 7:15 a.m. ET.
No major economic data is scheduled for the day. <ECONCA>
Canada's main stock index broke a seven-day slump on Tuesday as investors picked through earnings reports for glimmers of hope and resource stocks bounced off recent lows.
Dow Jones Industrial Average e-mini futures <1YMc1> were up 0.28 percent at 7:15 a.m. ET, while S&P 500 e-mini futures <ESc1> were up 0.25 percent and Nasdaq 100 e-mini futures <NQc1> were up 0.29 percent. [.N]
TOP STORIES [TOP/CAN]
Thomson Reuters Corp (>> Thomson Reuters Corp) reported a 2 percent rise in quarterly revenue, excluding currency effects, helped by its legal and tax & accounting businesses.
German potash and salt miner K+S has turned to economy minister Sigmar Gabriel for help in resisting an unwanted takeover approach by Potash Corp of Saskatchewan Inc (>> Potash Corp./Saskatchewan Inc.), and has discussed the option of German state bank KfW taking a stake in K+S, a newspaper reported.
German engineering group Siemens and Canada's Bombardier (>> Bombardier, Inc.) are in early talks to merge their rail businesses, the Wall Street Journal reported, citing people familiar with the matter.
COMMODITIES AT 7:15 a.m. ET [COM/WRAP]
Gold futures <GCc1>: $1,096.40; +0.01 pct [GOL/]
US crude <CLc1>: $47.7; -0.58 pct [O/R]
Brent crude <LCOc1>: $53.04; -0.49 pct [O/R]
LME 3-month copper <CMCU3>: $5,322; +0.46 pct [MET/L]
ANALYST RESEARCH HIGHLIGHTS [RCH/CA]Centerra Gold Inc (>> Centerra Gold Inc.): BMO raises price target to C$6.25 from C$6
Husky Energy Inc (>> Husky Energy Inc.): RBC raises price target to C$30 from C$29WestJet Airlines Ltd (>> WestJet Airlines Ltd.): Canaccord Genuity raises target to C$34 from C$33
U.S. ECONOMIC DATA DUE ON WEDNESDAY
1000 Pending Homes Index for Jun: Prior 112.6
1000 Pending sales change mm for Jun: Expected 1.0 pct; Prior 0.9 pct
1400 Fed funds target rate: Expected: 0-0.25 pct; Prior 0-0.25 pct
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 Samarendra Sahoo in Bengaluru; Editing by Saumyadeb Chakrabarty)