Sept 7 Canadian stock futures were little
changed on Wednesday ahead of the Bank of Canada's interest rate
September futures on the S&P TSX index were up 0.02
percent at 7:10 a.m. ET.
Bank of Canada is scheduled to announce its interest rate
decision at 10:00 a.m. ET. Investors expect the central bank to
leave the key rate unchanged at 0.50 percent.
Canada's benchmark stock index edged higher on Tuesday as
higher gold prices supported mining stocks, while news of an
acquisition boosted shares of Enbridge Inc, the
country's largest pipeline company.
Dow Jones Industrial Average e-mini futures were
down 0.05 percent at 7:10 a.m. ET. S&P 500 e-mini futures
were down 0.09 percent and Nasdaq 100 e-mini futures were
up 0.07 percent.
(Morning News Call newsletter link.reuters.com/nex49s ;
The Day Ahead newsletter link.reuters.com/mex49s)
Activist investor William Ackman left the board of Canadian
Pacific Railway Ltd on Tuesday, marking the end of a
four-year tenure that helped overhaul the ailing railroad
company and earn his hedge fund roughly $2.6 billion.
Canadian department store operator Hudson's Bay Co
reported a 60 percent jump in quarterly sales on Tuesday, helped
by its expansion in Europe and the acquisition of online
ANALYST RESEARCH HIGHLIGHTS
Bonavista Energy Corp : Barclays raises target price
to C$5 from C$4; "equal weight"
Cara Operations Ltd : National Bank Financial starts
Enbridge Inc : CIBC raises target price to C$71 from
COMMODITIES AT 7:10 a.m. ET
Gold futures : $1,347; -0.18 pct
US crude : $45.27; +0.98 pct
Brent crude : $47.79; +1.12 pct
LME 3-month copper : $4,669.50; +1.07 pct
U.S. ECONOMIC DATA DUE ON WEDNESDAY
0855 Redbook mm: Prior -0.3 pct
0855 Redbook yy: Prior 0.6 pct
1000 JOLTS job opening for July: Prior 5.624 mln
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$1.28)
(Reporting by Sai Sharanya Khosla in Bengaluru; Editing by