empty
 
 

2026.11.0912:58:50UTC+00TSX Futures Rise as Oil Slips

Futures tracking Canadian equities advanced on Monday as a pullback in oil prices helped ease inflation concerns. Crude declined amid optimism over potential US–Iran diplomatic progress, and the resulting drop in oil prices contributed to slightly lower Canadian bond yields. This supported credit‑sensitive sectors such as banks, which have been under pressure from elevated inflation and higher interest rates.

Gold prices climbed, lending support to mining stocks. Barrick reported higher third‑quarter profit, with stronger gold prices more than offsetting lower production. Franco‑Nevada is scheduled to release its earnings on Wednesday.

In corporate news, Strathcona Resources announced on Sunday that it will acquire Greenfire Resources in a transaction valued at approximately C$2.7 billion to C$2.9 billion, including debt, strengthening its position in Alberta’s oil sands. Power Corporation of Canada is also slated to report its third‑quarter results on Wednesday.

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $5000 more!
    In November we raffle $5000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS


Can't speak right now?
Ask your question in the chat.
Widget callback