CANADA STOCKS-TSX poised to open higher as oil rises

Fri Jan 23, 2015 7:33am EST
 
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Jan 23 (Reuters) - Stock futures pointed to a higher opening for Canada's main stock index after crude prices rose amid uncertainty about Saudi Arabia's oil policy following the death of King Abdullah.

March futures on the S&P TSX index were up 0.15 percent at 7.15 a.m. ET.

CPI inflation data for December and retail sales for November are due at 8:30 a.m. ET.

Canada's main stock index advanced to its highest in almost two months on Thursday, buoyed by the European Central Bank's massive stimulus measures and an unexpected rate cut by the Bank of Canada.

Dow Jones Industrial Average e-mini futures were up 0.08 percent at 7.15 a.m. ET, while S&P 500 e-mini futures were up 0.01 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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