TSX futures are edging lower as gold retreats, with bank earnings being the focus
The futures for Canada's main index of stocks?edged down on Tuesday as gold prices declined, and investors awaited the quarterly results from major banks.
As of 5:18 a.m., March?futures for the S&P/TSX Composite Index had fallen 0.17%. ET.
Toronto's benchmark stock index fell on Monday as uncertainty over tariffs weighed on the market. Tech and financial stocks led the declines.
Spot gold fell 1.1% from its three-week high earlier in the session, as investors waited for clarity about President Donald Trump's tariffs.
Copper prices also rose.
Bank of Nova Scotia will kick off this morning's earnings report with the first quarter earnings.
Oil prices rose, reaching a high of seven months as traders analyzed supply concerns ahead of another round U.S.-Iran nuclear?talks on Thursday.
Brent crude futures are?up 0.03%?, while U.S. West Texas Intermediate crude is up 0.2%.
Whitecap Resources, an energy company, reported its?quarterly results on Monday after the bell, and beat analysts' expectations.
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(source: Reuters)
