July 23(Reuters) - Canada's main stock index futures rose on Tuesday, tracking global equities as investors anticipate major central banks to cut interest rates in the near future.
September futures on the S&P/TSX index SXFc1 were up 0.35% at 7:00 a.m. ET.
The Toronto Stock Exchange's S&P/TSX .GSPTSE rose 32.94 points, or 0.20%, to 16,518.88 on Monday. Jones Industrial Average e-mini futures 1YMc1 were up 0.31% at 7:00 a.m. ET, while S&P 500 e-mini futures ESc1 were up 0.28% and Nasdaq 100 e-mini futures NQc1 were up 0.37%. .N
TOP STORIES TOP/CAN
Private equity firm Catalyst Capital Group on Monday offered to buy an estimated C$150 million stake in Hudson's Bay Co HBC.TO , and said it will oppose Executive Chairman Richard Baker's C$1.74 billion take-private proposal. RESEARCH HIGHLIGHTS RCH/CA
Altagas Ltd ACI.TO : CIBC raises target price to C$21 from C$20
Fortis Inc FTS.TO : CIBC raises target price to C$55 from C$52
Prairiesky Royalty Ltd PSK.TO : National Bank of Canada raises target price to C$18.5 from C$17.5
COMMODITIES AT 7:00 a.m. ET COM/WRAP
Gold futures GCc2 : $1,420.2; -0.47% GOL/
US crude CLc1 : $55.94; -0.50% O/R
Brent crude LCOc1 : $62.87; -0.62% O/R
U.S. ECONOMIC DATA DUE ON TUESDAY
0900 (approx.) Monthly home price mm for May: Prior 0.4%
0900 (approx.) Monthly home price yy for May: Prior 5.2%
0900 (approx.) Monthly Home Price Index for May: Prior 274.7
1000 Existing home sales for Jun: Expected 5.33 mln; Prior 5.34 mln
1000 Existing home sales percentage change for Jun: Expected -0.2%; Prior 2.5%
1000 Richmond Fed Composite Index for Jul: Prior 3
1000 Richmond Fed, Services Index for Jul: Prior 17
1000 Richmond Fed Manufacturing Shipments for Jul: Prior 7
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($1= C$1.32)