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CANADA STOCKS-TSX futures flat after six-day rally on trade optimism
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CANADA STOCKS-TSX futures flat after six-day rally on trade optimism
May 26, 2025 7:33 AM

May 14 (Reuters) - Futures for Canada's main stock index

were subdued on Wednesday after a strong rally, fueled by easing

global trade tensions and soft U.S. inflation data, as investors

look forward to further developments in trade deals.

June futures on the S&P/TSX index were down 0.08%

at 6:24 a.m. ET (1024 GMT).

Canada's main stock index rose on Tuesday for a sixth

straight session, as cooler-than-expected U.S. inflation data

fueled positive investor sentiment amid the easing of trade

tensions.

Washington and Beijing agreed over the weekend to dial back

stringent reciprocal tariffs, signaling a joint effort to stave

off a global economic slowdown.

Additionally, a 90-day pause announced on April 9 for

countries other than China, along with solid earnings reports

and a limited U.S.-UK trade agreement last week, helped the

index regain its lost ground.

Investors are also eagerly looking for updates on trade

deals during U.S. President Donald Trump's four-day visit to the

Gulf region, while he began a meeting with Syria's president in

Saudi Arabia on Wednesday.

In commodities, gold prices fell as the U.S.-China trade

truce dimmed safe-haven appeal, while oil prices also slipped.

However, prices of most base metals in London climbed on

Wednesday.

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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