CANADA STOCKS-Futures rise on strong trade data from China

Wed Apr 13, 2016 7:31am EDT
 
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April 13 (Reuters) - Canada's main stock index futures rose on Wednesday, tracking other markets, as surprisingly upbeat trade data from China eased concerns over the world's second-largest economy.

China's exports in March returned to growth for the first time in nine months, jumping 11.5 percent from a year earlier.

The rise, which was the first since June and the largest percentage gain since February 2015, added to signs of stabilization in the country.

June futures on the S&P TSX index were up 0.33 percent at 7:15 a.m. ET.

The Bank of Canada is set to release its rate decision at 10:00 a.m. ET, with Governor Stephen Poloz and Senior Deputy Governor Carolyn Wilkins scheduled to hold a press conference at 11:15 a.m. ET.

The Toronto Stock Exchange's S&P/TSX composite index notched its biggest jump in more than five weeks on Tuesday, bouncing higher as a spike in the price of oil boosted energy stocks and supported financials.

Dow Jones Industrial Average e-mini futures were up 0.58 percent at 7:15 a.m. ET, while S&P 500 e-mini futures were up 0.61 percent and Nasdaq 100 e-mini futures were up 0.77 percent.

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

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