CANADA STOCKS-Futures up ahead of Fed policy decision

Wed Jun 15, 2016 7:29am EDT
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June 15 (Reuters) - Stock futures pointed to a higher opening for Canada's main stock index on Wednesday as expectations of a dovish stance from the U.S. Federal Reserve soothed investor concerns over whether Britain will vote to leave the European Union.

June futures on the S&P TSX index were up 0.20 percent at 7:25 a.m. ET.

Statistics Canada releases factory sales data for April at 8:30 a.m. ET. Manufacturing sales are forecast to have risen by 0.6 percent in April, more than offsetting the decline seen in the previous month.

Canada's main stock index fell for a fifth straight day on Tuesday, hitting a three-week low as financial and resource stocks retreated ahead of Britain's vote on whether to leave the European Union.

Dow Jones Industrial Average e-mini futures were up 0.22 percent at 7:25 a.m. ET, while S&P 500 e-mini futures were up 0.18 percent and Nasdaq 100 e-mini futures were up 0.18 percent.

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