CANADA STOCKS-Futures up ahead of Fed policy decision
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.
Borrowing activity by Canadian small businesses fell for the fifth consecutive month in April, data from PayNet showed on Wednesday, pointing to an economy that is struggling to regain momentum after the steep drop in oil prices over the past two years.
Canadian online gambling company Amaya Inc said on Tuesday that proposed board nominee Paul McFeeters was unable to serve due to personal reasons. Continued...