CANADA STOCKS-Futures inch higher ahead of Jackson Hole meet

Fri Aug 22, 2014 8:57am EDT
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(Updates Canada economic data)

Aug 22 (Reuters) - Stock futures indicated a higher start for Canada's main stock index ahead of speeches by Federal Reserve Chair Janet Yellen and European Central Bank President Mario Draghi at the annual gathering of central bankers in Jackson Hole, Wyoming.

The annual inflation rate softened more than expected in July and the core rate unexpectedly fell, Statistics Canada said, weighed by a drop in prices of gasoline, clothing and healthcare.

Consumers once again bolstered the economy in June, with retail sales rising for the sixth straight month, by a stronger-than-expected 1.1 percent to a new record, according to Statistics Canada data.

September futures on the S&P TSX index <0#SXF:> were up 0.09 percent at 0845 ET.

The Toronto Stock Exchange's S&P/TSX composite index was little changed on Thursday as investors awaited a speech from Yellen to scan for clues about the central bank's outlook for interest rates.

Dow Jones Industrial Average e-mini futures were down 0.12 percent at 0845 ET, while S&P 500 e-mini futures were down 0.16 percent and Nasdaq 100 e-mini futures were down 0.07 percent.

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