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Futures Lifted on Good Trade Vibes

Futures for Canada's main index were higher on Thursday, as sentiment was lifted by positive comments from China on the trade talks with the United States.

The S&P/TSX finished 14.04 points below breakeven to end Wednesday at 16,784.29

The Canadian dollar took on 0.12 cents to 75.53 cents U.S. early Thursday

December futures gained 0.1% early Thursday.

Scotiabank raised the target price on Recipe Unlimited to $35.00 from $34.00

National Bank of Canada raised the target price on Wesdome Gold Mines to $9.00 from $8.50

On the economic slate, Statistics Canada reported that non-farm payroll employees earned an average of $1,027 per week in July, up 0.5% from the previous month.

On a year-over-year basis, earnings improved 2.7%.

ON BAYSTREET

The TSX Venture Exchange lost 5.06 points Wednesday to 578.38

ON WALLSTREET

U.S. stock index futures gave back some of their initial gains after a whistleblower complaint against President Donald Trump was released.

Futures for the Dow Jones Industrials gained 38 points, or 0.1%, early Thursday to 26,996

Futures for the S&P 500 improved 2.5 points, or 0.1%, at 2,988.75

NASDAQ Composite inched up 0.75 points to 7,821

Caterpillar and Boeing traded slightly higher in the pre-market. In corporate news, Carnival and Vail Resorts will be reporting.

Investors will hear more about the whistleblower complaint that launched the House impeachment inquiry when the acting director of National Intelligence, Joseph Maguire, testifies before the House Intelligence Committee at 9 a.m.

On the data front, there are weekly jobless claims and international trade figures out this morning. At the same time, it will also be released the final reading of real growth domestic product GDP data from the second quarter of this year.

Meanwhile, investors are also monitoring an impeachment inquiry started at the House of Representatives on Tuesday, in relation to a call between President Trump and his Ukrainian counterpart, Volodymyr Zelensky.

A transcript from the call, released Wednesday, did not appear to show and explicit quid pro quo by Donald Trump. However, more details of their phone conversation are yet to be released.

Investors will hear more about the whistleblower complaint that launched the House impeachment inquiry when the acting director of National Intelligence, Joseph Maguire, testifies before the House Intelligence Committee at 9 a.m.

Overseas, in Japan, the Nikkei 225 eked up 0.1% Thursday, while in Hong Kong, the Hang Seng index gained 0.4%

Oil prices dimmed 39 cents to $56.10 U.S. a barrel.

Gold prices picked up $1.20 to $1,513.50 U.S. an ounce.

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