TSX futures track declines in U.S. peers; economic data in focus

(Reuters) – Futures tracking Canada’s main stock index fell over 1% on Wednesday as their U.S. peers declined, with investors focusing on a flurry of U.S. economic data to gauge where the Federal Reserve stands on monetary policy tightening. Futures on the S&P/TSX index were down 1.7% at 6:41 a.m. ET (1041 GMT). Across the border, investors would eye February producer prices data, along with retail sales data to gauge where the Fed stands on rate hikes heading into its policy decision meeting next week. [.N] The benchmark Canadian index closed higher on Tuesday after three straight session of …

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