CANADA STOCKS-TSX set to open higher as Greece pessimism fades

Wed Feb 18, 2015 7:34am EST
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Feb 18 (Reuters) - Stock futures pointed to a higher opening for Canada's main stock index on Wednesday, tracking gains in Asia and Europe, as pessimism over the Greek deal saga faded.

March futures on the S&P TSX index were up 0.19 percent at 7:15 a.m. ET.

Wholesale trade data is due at 8:30 a.m. ET.

Canada's main stock index edged higher on Tuesday as a jump in Restaurant Brands International Inc, following the fast-food chain's quarterly report, helped offset declines in the natural resource sectors after commodity prices weakened.

Dow Jones Industrial Average e-mini futures were up 0.04 percent at 7:15 a.m. ET on Wednesday, while S&P 500 e-mini futures were down 0.02 percent and Nasdaq 100 e-mini futures were up 0.07 percent. (Morning News Call newsletter; The Day Ahead newsletter


Canada is imposing sanctions against top Russian oil firm NK Rosneft OAO and the head of conglomerate Rostec, among others, in response to the actions of Russian-backed militants in Ukraine, Ottawa said on Tuesday.

Cenovus Energy Inc, Canada's No. 2 independent oil producer, said on Tuesday that it had agreed to sell 67.5 million shares to a group of underwriters as it seeks to raise about C$1.5 billion for its 2015 capital spending budget as oil prices remain weak.

COMMODITIES AT 7:15 a.m. ET   Continued...