CANADA STOCKS-TSX futures rise after China rate cut

Fri Nov 21, 2014 7:43am EST
 
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Nov 21 (Reuters) - Stock futures pointed to a higher opening for Canada's main stock index on Friday, mirroring gains in global markets after China's central bank cut its benchmark interest rate for the first time in more than two years.

December futures on the S&P TSX index were up 0.41 percent at 7:30 a.m. ET.

Canada's inflation data is due at 8:30 a.m. ET.

The Toronto Stock Exchange's S&P/TSX composite index rose to its highest in eight weeks on Thursday as rising commodity prices boosted the shares of gold miners and energy producers.

Dow Jones Industrial Average e-mini futures were up 0.64 percent at 7:30 a.m. ET, while S&P 500 e-mini futures were up 0.63 percent and Nasdaq 100 e-mini futures were up 0.68 percent.

(Morning News Call newsletter link.reuters.com/nex49s; The Day Ahead newsletter link.reuters.com/mex49s)

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