(Corrects dateline to Sept 9 from July 23)
Sept 9 (Reuters) - Canada's main stock index futures rose on Wednesday as oil prices reversed some losses, with investors shrugging off a delay in COVID-19 vaccine testing from AstraZeneca and awaiting an interest rate decision from the Bank of Canada.
Canadian equities posted hefty declines in the previous session, bogged down by weak global risk sentiment after a deep selloff in technology stocks on Wall Street.
AstraZeneca AZN.L on Wednesday paused global trials of its experimental coronavirus vaccine after an unexplained illness in a participant, dimming prospects for an early rollout. futures on the S&P/TSX index SXFc1 were up 0.8% at 7:45a.m. ET.
Expectations ran low for the Bank of Canada to make any changes to its policy rate, with economists expecting the central bank to keep borrowing costs at 0.25%.
A Reuters poll showed the Bank of Canada is expected to stay on hold till at least until the end of 2022, despite data suggesting to some analysts that the economy is recovering faster than the central bank expected.
At 7:45 a.m. ET, Dow e-minis 1YMcv1 were up 143 points, or 0.52%. S&P 500 e-minis EScv1 were up 25 points, or 0.75% and Nasdaq 100 e-minis NQcv1 were up 167.5 points, or 1.51%. .N
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British Columbia on Tuesday ordered the closure of all nightclubs and Ontario delayed an easing of remaining restrictions imposed to fight the coronavirus pandemic, as Canada reported a spike in new COVID-19 cases. maker Lululemon Athletica Inc LULU.O said on Tuesday it was "cautiously optimistic" about the holiday season and forecast current-quarter adjusted profit to fall as much as 20% due to higher marketing expenses. Husky Energy HSE.TO said on Wednesday it would undertake a review of its West White Rose Project in the country's Atlantic region, following suspension of major construction in March due to the coronavirus outbreak. AT 7:00 a.m. ET
Gold futures GCc2 : $1,921.8; -0.7% GOL/
US crude CLc1 : $37.38; +1.8% O/R
Brent crude LCOc1 : $40.22; +1.1% O/R
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