Canada Steady After BoC Holds Interest Rates

Canadian stock index futures remained steady on Thursday morning after the Bank of Canada's decision to keep interest rates unchanged at 2.25%. The S&P/TSX Composite Index futures stood flat at 2,121.30 points.

The pause in early futures trading followed a solid cash session on Wednesday when the S&P/TSX Composite index advanced 0.74%, driven by broad gains across materials, healthcare, and financial listings.

The Canadian dollar strengthened to a one-week high against its U.S. counterpart, trading near . The loonie's upward momentum was fueled by the Bank of Canada's decision on Wednesday to keep interest rates steady for a seventh consecutive meeting.