CANADA STOCKS-Futures flat ahead of GDP data

Thu Mar 31, 2016 7:58am EDT
 
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March 31 (Reuters) - Canadian stock futures were flat on Thursday, ahead of the GDP data on the last trading day of the quarter.

Canada's economic growth is expected to have picked up by 0.3 percent in January, likely reinforcing expectations that first-quarter growth will exceed the Bank of Canada's 1 percent forecast.

June futures on the S&P TSX index were down 0.01 percent at 7:55 a.m. ET.

GDP data is due at 8:30 a.m. ET

Canada's main stock index rose on Wednesday as consumer and bank stocks bounced and equity investors broadly cheered a more cautious tone on U.S. interest rate hikes from the Federal Reserve.

Dow Jones Industrial Average e-mini futures were down 0.07 percent at 7:55 a.m. ET, while S&P 500 e-mini futures were down 0.05 percent and Nasdaq 100 e-mini futures were down 0.02 percent.

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

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