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CANADA STOCKS-TSX futures edge higher as commodities strengthen
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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

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