CANADA STOCKS-Futures indicate slightly higher start to week

Mon Jul 25, 2016 7:39am EDT
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July 25 (Reuters) - Stock futures pointed to a slightly higher opening for Canada's main stock index on Monday after G20 finance chiefs agreed over the weekend to use "all policy tools" to lift global growth.

Policymakers from the Group of 20 countries vowed to support global growth and better share the benefits of trade, in a meeting dominated by the impact of Britain's exit from Europe and fears of rising protectionism.

Investors are also looking forward to corporate earnings and meetings of the U.S. Federal Reserve and Bank of Japan.

Oil prices remained under pressure amid worries that a global glut of crude and refined products would weigh on markets for some time.

September futures on the S&P TSX index were up 0.12 percent at 7:15 a.m. ET.

Canada's main stock index hit its highest close in a year on Friday, notching a fourth straight weekly gain as yield-producing telecom and utility stocks found favor, offsetting a plunge in shares of Valeant Pharmaceuticals International Inc.

No major Canadian economic releases are scheduled.

Dow Jones Industrial Average e-mini futures were up 0.05 percent at 7:15 a.m. ET, while S&P 500 e-mini futures were up 0.03 percent and Nasdaq 100 e-mini futures were down 0.02 percent.

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