CANADA STOCKS-Futures up ahead of ECB's interest-rate decision

Thu Mar 10, 2016 7:42am EST
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March 10 (Reuters) - Stock futures pointed to a slightly higher opening for Canada's main stock index on Thursday ahead of the European Central Bank's decision on monetary policy.

March futures on the S&P TSX index were up 0.14 percent at 7:30 a.m. ET.

The euro zone's central bank is widely expected to cut its deposit rate deeper into negative territory and adjust its 1.5 trillion euro asset-buying scheme.

New Housing Price Index and capacity utilization data is due at 8:30 a.m. ET.

Canada's benchmark stock index rose on Wednesday, led by energy stocks as crude oil prices rallied and as financial stocks gained after the Bank of Canada chose to hold interest rates steady.

Dow Jones Industrial Average e-mini futures were up 0.34 percent at 7:30 a.m. ET, while S&P 500 e-mini futures were up 0.43 percent and Nasdaq 100 e-mini futures were up 0.44 percent.

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