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Stock impact report

TSX futures slip ahead of Fed rate decision [Reuters]

S&P Global Inc. (SPGI) 
Last s&p global inc. earnings: 4/28 07:10 am Check Earnings Report
US:NYSE Investor Relations: stocktwits.com/symbol/s
Company Research Source: Reuters
May 1 (Reuters) - Futures for Canada's main stock index dipped on Wednesday, ahead of the U.S. Federal Reserve's interest rate decision later in the day, while investors awaited more domestic economic data to gauge the strength of the Canadian economy. June futures on the S&P/TSX index were down 0.3% at 6:39 a.m. ET (10:39 GMT). All eyes will be on the U.S. Fed's decision, due at 2 p.m. ET, where the central bank is widely expected to hold the interest rates steady. Money markets now see only one 25 basis points rate cut in 2024, according to CME's Fedwatch Tool. "Central bankers have made it very clear that interest rates will not be lowered until there is substantial evidence that inflation is trending lower, and robust recent economic data has failed to provide it," said Richard Flynn, managing director at Charles Schwab UK. S&P Global's manufacturing data for Canada will also be on investors' radar during the opening bell. Energy shares will be in focus as oil prices fe Show less Read more
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