Gold futures : $1,838.7; +0.25% US crude : $75.58; -1.02% Brent crude : $82.23; -0.99% FOR CANADIAN MARKETS NEWS, CLICK ON CODES: TSX market report Canadian dollar and bonds report Reuters global stocks poll for Canada Canadian markets directory ($1 = 1.3547 Canadian dollars) (Reporting by Shristi Achar A in Bengaluru; editing by Eileen Soreng)
Feb 22 (Reuters) - Futures for Canada's main stock index
slipped on Wednesday dragged by a fall in oil prices, while
investors worried about interest rates staying higher for longer
as they awaited the minutes of the latest Federal Reserve policy
meeting.
March futures on the S&P/TSX index were down 0.2%,
as of 7:11 a.m. ET, while their Wall Street counterparts were
flat. The Toronto Stock Exchange's S&P/TSX composite index , like the main U.S. stock indexes, recorded its
biggest single-day percentage decline in 2023 on Tuesday as data
highlighting economic resilience fanned fears that top central
banks would need to keep tightening monetary policy.
Oil prices fell on Wednesday as concerns about fuel demand
were stoked by expectations that Fed minutes, due at 2:00 p.m.
ET (1900 GMT), will indicate a need to hike interest rates. In company news, a Brookfield-led consortium on Tuesday
trimmed its offer for Origin Energy by 1%, valuing the
Australian power producer and energy retailer at A$15.33 billion
($10.5 billion), after government's move to cap gas prices hit
valuations in the sector.
Equinox Gold Corp beat fourth-quarter profit
estimates but the gold miner posted a decline in earnings hurt
by lower production and higher operating costs amid inflationary
pressures.
Ritchie Bros Auctioneers reported a fourth-quarter
profit beat, with a rise in net income boosted by higher
interest income.
COMMODITIES AT 7:11 a.m. ET
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