CANADA STOCKS-TSX set to open higher ahead of rate decision

Wed Apr 15, 2015 7:42am EDT
 
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April 15 (Reuters) - Stock futures pointed to a higher opening for Canada's main stock index on Wednesday, ahead of the Bank of Canada's interest rate decision.

June futures on the S&P TSX index were up 0.2 percent at 7:15 a.m. ET.

The Bank of Canada's decision is due at 10:00 a.m. ET and manufacturing sales data for February is due at 8:30 a.m. ET.

Canada's main stock index eked out a small gain on Tuesday as a rally in energy stocks single-handedly held off steep declines in a range of industrial, consumer and mining shares.

Dow Jones Industrial Average e-mini futures were up 0.26 percent at 7:15 a.m. ET, while S&P 500 e-mini futures were up 0.25 percent and Nasdaq 100 e-mini futures were up 0.23 percent. (Morning News Call newsletter link.reuters.com/nex49s; The Day Ahead newsletter link.reuters.com/mex49s)

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Magellan Midstream Partners LP and TransCanada Corp , Canada's second-largest pipeline company, said they would develop a pipeline to connect TransCanada's Houston tank terminal to Magellan's East Houston terminal.

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