empty
 
 

21.11.202513:49:47UTC+00TSX Futures Rise on Dovish Fed Signals

Futures linked to the S&P/TSX Composite Index experienced a slight uptick on Friday as investors continued to assess the risks associated with heightened AI spending. Market sentiment received a boost after New York Fed President John Williams adopted a cautiously dovish stance. He described US monetary policy as "modestly restrictive," indicating the potential for a "further adjustment in the near term" to align the federal funds rate more closely with a neutral level. In corporate news, Dye & Durham received a $272 million proposal to be taken private by Plantro, while GFL Environmental announced a secondary offering by its selling shareholders. Oil prices declined, extending previous losses, due to discussions surrounding a potential Russia–Ukraine peace agreement, which could result in increased global supply and put pressure on Canadian refiners. At the same time, gold prices fell, as diminished expectations for a US interest rate cut negatively affected local mining companies.

  • 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 $1000 more!
    In April we raffle $1000 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