FX.co ★ TSX Futures Gain on Hopes of US Government Reopening

On Wednesday, futures associated with Canada's S&P/TSX Composite Index experienced an uptick as investors anticipated a possible resolution to the U.S. government shutdown. The House of Representatives was poised to potentially vote in favor of reopening the government, which would reinstate the release of crucial economic data that informs the Federal Reserve's decisions. In corporate news, Orla Mining reported quarterly profits and Stingray Group's revenue figures both surpassed expectations. Conversely, oil prices declined, impacting major producers negatively, while gold prices remained stable, leaving the outlook for miners uncertain. Additionally, earnings announcements from Loblaw, Manulife, Pan American Silver, and Power Corp. of Canada were expected later in the day.