Dec 5 (Reuters) - Stock futures for Canada's main stock index rose on Wednesday, ahead of Bank of Canada's interest rate decision.
Bank of Canada is scheduled to announce its decision at 10:00 a.m. ET and is expected to keep rates unchanged, according to a Reuters poll of economists.
December futures on the S&P/TSX index SXFc1 were up 0.4 percent at 7:10 a.m. ET.
Toronto Stock Exchange S&P/TSX composite index .GSPTSE closed down 211.39 points, or 1.38 percent, at 15,063.59 on Tuesday. STORIES TOP/CAN
Canadian department store chain Hudson's Bay Co HBC.TO reported a bigger third-quarter loss as depreciation and amortization expenses rose and joint venture losses increased. major pipelines carrying oil from Canada to the United States were hit by weather-related disruptions on Tuesday, the latest hit to Canada's oil industry just days after the Alberta government announced forced cuts in crude production. Natural Resources Ltd CNQ.TO forecast 2019 capital budget about C$1 billion lower than last year, blaming a lack of market access for its oil and "dysfunctional" government processes. RESEARCH HIGHLIGHTS RCH/CA
Bank of Montreal BMO.TO - Barclays (LON:BARC) cuts price target to C$103 from C$105
Dollarama Inc DOL.TO - Desjardins upgrades to "buy" from "hold"
Thomson Reuters Corp TRI.TO - National Bank of Canada raises price target to C$73 from C$69.
COMMODITIES AT 7:10 a.m. ET COM/WRAP
Gold futures GCc2 : $1239.6; -0.3 percent GOL/
US crude CLc1 : $53.06; -0.36 percent O/R
Brent crude LCOc1 : $61.77; -0.5 percent O/R
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($1 = C$1.33)