India, July 30 -- Somewhat subdued U.S. and Canadian futures, and mixed commodity prices point to a mixed start for Canadian stocks on Wednesday. The focus will be on the monetary policy announcements from the Bank of Canada and the Federal Reserve.
Investors will also be following the developments on the trade front.
The Canadian central bank is widely expected to hold its policy rate unchanged this morning. The Fed, which is scheduled to announce its rate decision later in the day, is also expected to leave the interest rate unchanged. The accompanying statement from the Fed is in focus for clues about the central bank's future moves with regard to rates.
Investors will also be reacting to a slew of Canadian earnings announcements.
In...