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CANADA STOCKS-TSX futures tick lower as investors eye Middle East tensions, Trump-Xi talks
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CANADA STOCKS-TSX futures tick lower as investors eye Middle East tensions, Trump-Xi talks
May 13, 2026 4:20 AM

* TSX futures down xx%

* Oil and gold prices slip

May 13 (Reuters) - Futures for Canada's main stock index

inched lower on Wednesday as gold and oil prices dipped, with

investors watching developments around the Middle East conflict

and U.S. President Donald Trump's visit to China.

June futures on the S&P/TSX index were down 0.04%

at 7:04 a.m. ET.

* Trump said he would urge China's Xi Jinping to "open up"

to U.S. business on his way to a summit in Beijing.

* Oil prices dipped, snapping a three-day

rally as investors were uncertain about developments in the war.

The stalling of U.S.-Iran peace talks this week has dimmed

reopening prospects for the Strait of Hormuz, through which

about a fifth of global oil and liquefied natural gas normally

flows.

* Gold prices extended losses as a stronger-than-expected

U.S. consumer prices data supported expectations of a tighter

monetary policy by the Federal Reserve. Producer prices and

retail sales data are due later today.

* The Toronto Stock Exchange's S&P/TSX Composite Index

jumped to a three-week high on Tuesday as a jump in

oil prices driven by an impasse in U.S.-Iran peace talks lifted

energy shares.

* Equinox Gold ( EQX ) said it would acquire Orla Mining ( ORLA )

in a deal that would create a North American-focused

gold producer with an implied market value of about $18.5

billion.

* Collision repair operator Boyd Group's

first-quarter sales rose 28% but slightly missed analyst

expectations.

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; Editing by

Joyjeet Das)

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