FX.co ★ Canadian Stocks Set for Muted Open

Futures linked to the Canadian S&P/TSX Composite Index were mixed on Tuesday following the long weekend, as weakness in commodity‑linked conglomerates offset support from a favorable inflation print. Headline inflation in Canada unexpectedly slowed to 2.3% in January, below both market expectations of 2.4% and the Bank of Canada’s 2.5% projection, while all core measures tracked by the central bank also eased. Nevertheless, energy producers and gold miners were set for a weaker open as the prices of the underlying commodities retreated. In addition, shares of Wheaton Precious Metals were down more than 3% in pre‑market trading after the company agreed to a $4.3 billion silver streaming deal with BHP.