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CANADA STOCKS-TSX futures rise on higher oil, gold prices
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CANADA STOCKS-TSX futures rise on higher oil, gold prices
Mar 25, 2025 4:27 AM

March 25 (Reuters) - Futures tied to Canada's main stock

index rose on Tuesday, as geopolitical tensions and tariff

uncertainties lifted the prices of oil, gold and copper.

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

6.50 ET (1050 GMT)

In commodities, oil prices rose for the fifth consecutive

day on concerns about global supply tightening after the U.S.

imposed tariffs on countries purchasing Venezuelan crude.

Gold prices rose amid ongoing uncertainty over impending

reciprocal U.S. tariffs and their impact on the global economy.

Copper prices edged up as markets monitored the metal's

movement to the U.S. due to potential tariff issues. However, a

stronger dollar limited the gains.

Toronto's main stock index touched a three-week

high on Monday after U.S President Donald Trump's administration

said that not all of his threatened levies would be imposed on

April 2 and that some countries may get breaks, signaling

flexibility to the global markets.

Canadian aerospace trade groups said on Tuesday that

escalating U.S. tariffs and Canadian retaliatory measures could

increase costs for aerospace items and services from aircraft

components to engine repairs.

Investors now await key economic data later this week,

including Canada's January GDP figures and the U.S. Federal

Reserve's preferred inflation gauge - the Personal Consumption

Expenditure report.

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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