FX.co ★ TSX Futures Edge Up on Easing Middle East Tensions

Futures tracking the S&P/TSX Composite Index inched higher on Tuesday as investors weighed signs of easing tensions in the Middle East. The White House indicated that a deal to end the more than three-month-long conflict with Iran could be reached within days. Declining oil prices and bond yields lent support to financial stocks and the broader market, while rising gold prices bolstered mining shares. Investors are also focused on Wednesday’s Bank of Canada policy decision, with policymakers widely expected to keep interest rates on hold.