April 16 (Reuters) – Futures for Canada’s main stock index were subdued on Wednesday ahead of the Bank of Canada’s policy decision due later in the day while investors also assessed shifting U.S. tariff policies.
June futures on the S&P/TSX index were up 0.01% at 6.27 a.m. ET (1027 GMT).
Bank of Canada’s rate decision is scheduled for 9.45 a.m. ET, with markets forecasting a 57% chance the bank will pause after seven consecutive rate cuts.
Trader bets and economists’ expectations between a cut and a pause have changed several times in the last few weeks as U.S. President Donald Trump has seesawed between imposing and withdrawing tariffs.
Wall Street futures dropped on Wednesday as AI darling Nvidia (NVDA.O), took a hit from U.S. restrictions on chip sales to China, fuelling worries about the fallout of an escalating trade war.
Separately, Trump ordered a probe into potential new tariffs on all U.S. critical minerals imports, on top of…
