Sept 6 (Reuters) - Canada’s main stock index futures fell on Wednesday as investors awaited the interest rate decision from Bank of Canada and on concerns about Hurricane Irma, a powerful Atlantic storm, en route to a possible Florida landfall at the weekend.
September futures on the S&P TSX index were down 0.17 percent at 7:15 a.m. ET.
Bank of Canada’s rate decision is expected at 10:00 a.m. ET. Trade balance data for July and labor productivity rate for the second-quarter are also scheduled for release at 08:30 a.m. ET.
Canada’s main stock index fell on Tuesday as investors pulled back amid tensions over North Korea’s nuclear program and Hurricane Irma.
Dow Jones Industrial Average e-mini futures were up 0.04 percent at 7:15 a.m. ET, while S&P 500 e-mini futures were up 0.02 percent and Nasdaq 100 e-mini futures were up 0.16 percent.
Canada, Mexico and the United States made progress in talks to update the NAFTA trade pact, top officials said on Tuesday, a relief after repeated criticism by U.S. President Donald Trump, although the round did not delve deeply into the toughest issues.
Department store operator Hudson’s Bay Co reported on Tuesday a steeper-than-forecast quarterly loss but retail sales slightly topped expectations as new store openings and a favorable foreign exchange impact offset fewer shoppers and more sales promotions.
IAMGOLD Corp: Canaccord Genuity raises target price to C$10 from C$9.75
Transcontinental Inc: RBC raises price target to C$26 from C$25
COMMODITIES AT 7:15 a.m. ET
Gold futures: $1340.3; +0.08 percent
US crude: $48.91; +0.51 percent
Brent crude: $53.94; +1.05 percent
LME 3-month copper: $6884; -0.23 percent
0830 International trade mm for Jul: Expected -$44.6 bln; Prior -$43.6 bln
0830 Goods trade balance (R) for Jul: Prior -65.10 bln
0945 Markit Composite Final PMI for Aug: Expected 56.0
0945 Markit Services PMI Final for Aug: Prior 56.9
1000 ISM N-Manufacturing PMI for Aug: Prior 53.9
1000 ISM N-Manufacturing Business Activity for Aug: Expected 56.0; Prior 55.9
1000 ISM N-Manufacturing Employment Index for Aug: Prior 53.6
1000 ISM N-Manufactuing New Orders Index for Jan: Prior 55.1
1000 ISM N-Manufacturing Price Paid Index for Jan: Prior 55.7
1000 Payrolls benchmark NSA: Prior -81,000
TSX market report
Canadian dollar and bonds report
Reuters global stocks poll for Canada
Canadian markets directory ($1 = C$1.24) (Reporting by Pathikrit Bandyopadhyay in Bengaluru; Editing by Shounak Dasgupta)