financetom
World
financetom
/
World
/
CANADA STOCKS-TSX futures edge higher as commodities strengthen
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
CANADA STOCKS-TSX futures edge higher as commodities strengthen
Oct 8, 2025 3:22 AM

Oct 8 (Reuters) - Futures linked to Canada's

resource-heavy main stock index rose marginally on Wednesday,

lifted by strengthening metals and oil prices.

December futures on the S&P/TSX index were up 0.2%

at 5:26 a.m. ET (0926 GMT).

Gold continued its ascent, shattering the

$4,000-per-ounce threshold for the first time, as investors

piled into the safe haven to seek cover from mounting

geopolitical uncertainty.

Meanwhile, copper prices inched upward as market

participants remained concerned about potential supply

disruptions.

Oil prices also showed resilience, gaining

about 1%, as traders looked past oversupply worries following

OPEC+'s recent decision to limit production increases.

The positive momentum for futures comes after Tuesday's

pullback in the benchmark index, which saw declines

across sectors.

The dip interrupted a seven-day winning streak that had

produced several record highs for the index, as investors paused

to evaluate recent gains.

Market attention was also fixed on Tuesday's meeting between

U.S. President Donald Trump and Canadian Prime Minister Mark

Carney.

During the talks, Trump offered assurances of fair treatment

regarding painful U.S. tariffs on Canadian goods, though he

appeared less committed to the trilateral trade agreement that

includes Mexico.

Carney made his second White House visit in just five

months, as he is under mounting pressure to address U.S. tariffs

affecting Canadian steel, automotive and other industries.

On the corporate front, Lithium Americas ( LAC ) saw its

U.S.-listed shares climb 5% following news that the U.S.

Department of Energy had agreed to defer a $184 million debt

service obligation.

Investors now await the U.S. Federal Reserve's September

meeting minutes, due at 2 p.m. ET.

Additionally, this week's Canadian employment report will

also be monitored for important insights into the country's

economic health.

FOR CANADIAN MARKETS NEWS, CLICK ON CODES:

TSX market report

Canadian dollar and bonds report

Reuters global stocks poll for Canada

Canadian markets directory

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
METALS-Copper hits fresh peaks as speculators make more tariff bets
METALS-Copper hits fresh peaks as speculators make more tariff bets
Mar 19, 2025
(Adds analyst comment, updates prices, changes dateline) By Eric Onstad LONDON, March 19 (Reuters) - U.S. and London copper prices scaled fresh multi-month peaks on Wednesday as speculators extended buying on expectations that U.S. tariffs will be slapped on the metal. Benchmark three-month copper on the London Metal Exchange (LME) was up 0.3% to $9,933 a metric ton by 1105...
Asian Equities Traded in the US as American Depositary Receipts Rise Slightly in Wednesday Trading
Asian Equities Traded in the US as American Depositary Receipts Rise Slightly in Wednesday Trading
Mar 19, 2025
10:32 AM EDT, 03/19/2025 (MT Newswires) -- Asian equities traded in the US as American depositary receipts were edging higher Wednesday morning, rising 0.23% to 2,258.90 on the S&P Asia 50 ADR Index. From North Asia, the gainers were led by computer hardware maker Canaan (CAN) and online game developer The9 ( NCTY ) , which advanced 6.5% and 3.9%...
CANADA STOCKS-TSX opens higher ahead of Fed rate verdict
CANADA STOCKS-TSX opens higher ahead of Fed rate verdict
Mar 19, 2025
March 19 (Reuters) - Canada's main stock index opened higher on Wednesday as investors geared up for the U.S. Federal Reserve's interest-rate verdict due later in the day. At 9:31 a.m. ET (1331 GMT), the Toronto Stock Exchange's S&P/TSX composite index was up 0.45% at 24,821.89. ...
CANADA STOCKS-TSX futures edge up ahead of Fed's rate decision
CANADA STOCKS-TSX futures edge up ahead of Fed's rate decision
Mar 19, 2025
March 19 (Reuters) - Futures tied to Canada's main stock index rose on Wednesday, tracking its peers on Wall Street, as investors prepared for the U.S. Federal Reserve's interest rate decision later in the day. The futures on the S&P/TSX index were up 0.2% at 0647 ET (1047 GMT). Wall Street futures were also higher. Traders expect the Fed to...
Copyright 2023-2026 - www.financetom.com All Rights Reserved