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CANADA STOCKS-TSX futures rise on gold gains, Middle East deal optimism
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CANADA STOCKS-TSX futures rise on gold gains, Middle East deal optimism
Jun 18, 2026 4:40 AM

* TSX futures up 0.2%

* Gold prices climb, oil slips

June 18 (Reuters) - Futures tracking Canada's blue-chip

stocks edged up on Thursday, buoyed by higher gold prices and

optimism about the Middle East peace deal, while markets priced

in a rate hike later this year following the U.S. Federal

Reserve's hawkish projections.

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

at 6:43 a.m. ET (1043 GMT).

* Spot gold and silver rose 0.1% and 0.2%,

respectively, as lower oil prices following the U.S.-Iran

ceasefire deal helped temper inflation fears and counter the

Fed's hawkish stance.

* The Fed held interest rates steady on Wednesday, but

policymakers expect a hike in borrowing costs later this year

amid growing concerns about inflation being above the central

bank's target.

* The Fed's stance rattled investors, with TSX pulling back

from its all-time high on Wednesday, further weighed down by

declines in resources and industrial stocks.

* Meanwhile, oil prices extended losses on Thursday, with

Brent crude trading near $77 a barrel, after Washington and

Tehran signed an interim agreement to end the war, reopen the

Strait of Hormuz and waive U.S. sanctions on Iranian oil.

* Separately, Canada, Norway, and Sweden will announce a new

Prioritised Ukraine Requirements List (PURL) package to supply

Ukraine with U.S. weapons, Sweden's Defence Minister Pal Jonson

said in Brussels on Thursday.

FOR CANADIAN MARKETS NEWS, CLICK ON CODES:

TSX market report

Canadian dollar and bonds report

Reuters global stocks poll for Canada

Canadian markets directory

(Reporting by Tharuniyaa Lakshmi in Bengaluru)

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