April 24 (Reuters) - Futures for Canada's main stock index inched lower on Wednesday, ahead of Bank of Canada's interest rate decision and amid a drop in oil prices and global equities.
June futures on the S&P/TSX index SXFc1 were down 0.07 percent at 7:00 a.m. ET.
Bank of Canada's interest rate decision is expected at 10:00 a.m. ET
The Toronto Stock Exchange's S&P/TSX .GSPTSE rose 92.12 points, or 0.56 percent, to 16,669.40 on Tuesday. Jones Industrial Average e-mini futures 1YMc1 were up 0.15 percent at 7:00 a.m. ET, S&P 500 e-mini futures ESc1 0.01 percent and Nasdaq 100 e-mini futures NQc1 0.01 percent. .N
TOP STORIES TOP/CAN
Cenovus Energy CVE.TO cut its 2019 oil sands production guidance by 7 percent and posted quarterly earnings well below analysts' estimates, the first signs of the impact of a government ordered reduction in oil production. yoga-pants specialists Lululemon Athletica LULU.O forecast annual revenue growth in the low teens for the next five years. RESEARCH HIGHLIGHTS RCH/CA
Canadian Pacific Railway Ltd CP.TO : Morgan Stanley (NYSE:MS) raises target price to C$277 from C$272
Pembina Pipeline Corp PPL.TO : CIBC raises target price to C$55 from C$54
Winpak Ltd WPK.TO : CIBC raises target price to C$48 from C$47
COMMODITIES AT 7:00 a.m. ET COM/WRAP
Gold futures GCc2 : $1271.1; +0.04 percent GOL/
US crude CLc1 : $65.97; -0.5 percent O/R
Brent crude LCOc1 : $74.41; -0.13 percent O/R
FOR CANADIAN MARKETS NEWS, CLICK ON CODES:
TSX market report .TO
Canadian dollar and bonds report CAD/ CA/
Reuters global stocks poll for Canada EQUITYPOLL1 EPOLL/CA
Canadian markets directory CANADA ($1= C$1.34)