Jan 28 (Reuters) - Futures tied to Canada's main stock

index edged higher on Tuesday as selling pressures eased after

the previous session's tech-driven fall in global equity

markets.

March futures on the S&P/TSX index were up 0.15% at

6.37 a.m. ET (1137 GMT).

On Monday, the Toronto Stock Exchange's S&P/TSX composite

index gave back some of its impressive gains for the

year as investors sold off shares in technology companies.

The decline was triggered by a low-cost Chinese artificial

intelligence model, which raised doubts about the dominance of

current AI leaders and their suppliers.

In commodities, gold prices remained steady on

Tuesday after a sharp decline in the previous session.

Oil prices, rose slightly but stayed near a

two-week low, as weak economic data from China and rising

temperatures elsewhere dampened the demand outlook.

Investor attention will shift to interest rate decisions

from the Bank of Canada and the U.S. Federal Reserve on

Wednesday.

The Canadian central bank is anticipated to cut rates by an

additional 25 basis points, while the U.S. Fed is expected to

keep rates unchanged.

Analysts will also pay close attention to policymakers'

commentary as they navigate the risks associated with potential

U.S. trade tariffs.

U.S. President Donald Trump's pick for Treasury secretary,

Scott Bessent, has been pushing for new universal tariffs on

U.S. imports, starting at 2.5% and increasing by the same amount

each month, a media report said on Monday.

In corporate news, Bitfarms ( BITF ), a bitcoin data center

company, signed a binding Letter of Intent for the sale of its

Yguazu and Paraguay sites with cryptocurrency mining company

Hive Digital Technologies ( HIVE ).

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