FX.co ★ TSX Futures Little Changed on Monday

Futures associated with the S&P/TSX Composite Index remained relatively stable on Monday, as investors evaluated the decline in both gold and oil prices. Oil prices fell by more than 4% after former President Trump stated on Saturday that Iran was "seriously talking" with Washington. This statement alleviated earlier fears of military conflict that could disrupt oil supply, thus impacting energy-related stocks. Simultaneously, mining stocks felt pressure as gold prices continued to drop due to widespread profit-taking, following a significant rise in recent months. In other developments, Capstone Copper announced the resumption of operations at its Mantoverde mine in northern Chile, despite an ongoing strike by a union representing almost 22% of its workforce.