CANADA STOCKS-Toronto futures down on weaker gold, glum China data

Oct 18 (Reuters) - Futures for Canada's main stock index retreated on Monday from the benchmark index's record high in the previous session weighed by weakness in gold prices, while sentiment was further dented by dour economic data from China.

Global equities dipped after data showed slower-than-expected growth in China's economy last quarter.

China's gross domestic product grew 4.9% in the July-September quarter from a year earlier, its weakest pace since the third quarter of 2020.

Meanwhile, gold prices edged down as an uptick in U.S. bond yields and a robust dollar dulled bullion's appeal.

December futures on the S&P/TSX index were down 0.2% at 7:00 a.m. ET.

Data for Canada's foreign securities is due at 08:30 a.m. ET.

The Toronto Stock Exchange's S&P/TSX composite index ended 0.52% higher at 20,928.10 on Friday, eclipsing the record closing high notched on Sept. 3.

Energy shares could open higher tracking over 1% jump in crude prices.

Dow e-minis were down 110 points, or 0.31% at 7:01 a.m. ET, while S&P 500 e-minis were down 16 points, or 0.36% and Nasdaq 100 e-minis were down 66.25 points, or 0.44%.

TOP STORIES

Prime Minister Justin Trudeau's new government is set to impose higher taxes on Canadians, which will help fund some campaign promises but are not broad enough to also start paying down the country's record levels of debt, leaving Canada vulnerable to the next economic crisis, analysts say.

Canada-based oil firm PetroTal Corp is hopeful to meet its plans to almost double crude production in Peru this year, despite protests by indigenous groups hitting a key pipeline in the country, the firm's general manager said on Friday.

ANALYST RESEARCH HIGHLIGHTS

Antibe Therapeutics Inc: Canaccord Genuity cuts to "hold" from "speculative buy"

Canadian Natural Resources Ltd: Credit Suisse raises target to C$59 from C$53

Turquoise Hill Resources Ltd: Canaccord Genuity cuts to "sell" from "hold"

COMMODITIES AT 7:00 a.m. ET

Gold futures: $1761.1; -0.37%

US crude: $83.63; +1.64%

Brent crude: $85.77; +1.07%

U.S. ECONOMIC DATA DUE ON MONDAY

0915 Industrial production mm for Sep : Expected 0.2%; Prior 0.4%

0915 Capacity utilization SA for Sep : Expected 76.5%; Prior 76.4%

0915 Manufacturing output mm for Sep : Expected 0.1%; Prior 0.2%

0915 Industrial production YoY for Sep : Prior 5.95%

1000 NAHB Housing Market Index for Oct : Expected 76; Prior 76

FOR CANADIAN MARKETS NEWS, CLICK ON CODES:

TSX market report

Canadian dollar and bonds report

Reuters global stocks poll for Canada

Canadian markets directory ($1= C$1.24) (Reporting by Amal S in Bengaluru; Editing by Shailesh Kuber)