India, Feb. 1 -- Canadian shares may open lower on Thursday with weak bullion prices triggering a sell-off in the materials sector. Concerns about the outlook for interest rates may weigh as well.
After the Fed left its interest rate unchanged, the Bank of England has held its rates steady. Fed Chair Jerome Powell has signaled that a rate cut in March is unlikely
A report on manufacturing activity in Canada during the month of January, is due at 9:30 AM ET.
The S&P Global Canada Manufacturing PMI fell to 45.4 in December, from 47.7 in the previous month, pointing to the eighth consecutive contraction in the manufacturing sector.
Rogers Communications Inc. (RCI.A.TO) reported adjusted net income of C$630 million for the quarter ended Dec...