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CANADA STOCKS-TSX futures rise ahead of domestic inflation data

ReutersMay 20, 2025 10:44 AM

- Futures for Canada's main stock index rose on Tuesday, as investors awaited updates on trade deals ahead of domestic inflation data due later in the day.

June futures on the S&P/TSX index .SXFcv1 were up 0.3% at 6:13 a.m. ET (1013 GMT).

Investors will focus on the domestic consumer inflation report scheduled for 8:30 am ET, just two weeks before the Bank of Canada's next interest rate decision.

Canada's main stock index hit a record high on Friday, logging a sixth consecutive weekly gain, as worries about a global trade war eased after the U.S.-China tariff truce over the weekend.

On Sunday, U.S. Vice President JD Vance discussed fair trade policies with Canada's Prime Minister Mark Carney in Rome, Vance's office said in a statement, as the two nations try to resolve a dispute over tariffs.

Later on Tuesday, finance leaders from the Group of Seven industrialized democracies will meet in Canada. They will strive for unity on non-tariff issues, but may have trouble reaching consensus with a Trump administration intent on pushing allies to serve U.S. interests.

In commodities, oil and gold prices fell on the day. Copper prices in London were trading slightly lower.

FOR CANADIAN MARKETS NEWS, CLICK ON CODES:

TSX market report .TO

Reuters global stocks poll for Canada EQUITYPOLL1, EPOLL/CA

Canadian markets directory CANADA

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