CANADA STOCKS-TSX set to open higher
Sept 3 (Reuters) - Stock futures pointed to a higher opening for Canada's main stock index on Wednesday as global markets rose on news of a ceasefire agreement between Ukraine and Russia.
September futures on the S&P TSX index <0#SXF:> were up 0.38 percent at 0715 ET.
Bank of Canada's rate decision is due at 1000 ET.
Canada's main stock index dipped marginally on Tuesday as tumbling resource stocks, hurt by falling oil and gold prices, offset gains in financial and industrial stocks.
Dow Jones Industrial Average e-mini futures were up 0.40 percent at 0715 ET, while S&P 500 e-mini futures were up 0.38 percent and Nasdaq 100 e-mini futures were up 0.35 percent.
The Bank of Canada will likely repeat on Wednesday that it is just as likely to cut interest rates as raise them, but a growing number of market players see this so-called neutral stance as fiction designed to keep a lid on the currency.
Canadian pension fund PSP Investment and France's Arcus Infrastructure Partners are nearing a deal to buy the French operations of broadcasting masts group TDF in a deal worth around 3.55 billion euros, said several sources familiar with the matter. Continued...