empty
 
 

03.03.202613:29:39UTC+00TSX Futures Dip as Middle East Conflict Drives Global Selloff

Futures tracking the S&P/TSX Composite Index declined on Tuesday as a global equity selloff intensified amid escalating conflict in the Middle East. Iran targeted energy infrastructure in the UAE, Qatar, and Saudi Arabia, and warned it would strike vessels transiting the Strait of Hormuz. The moves sent energy commodities sharply higher, stoking fresh inflation concerns.

Financials led the decline, as a steep drop in Canadian government bond prices weighed on credit conditions and pressured bank shares, with RBC, TD Bank, and BMO all poised to open lower. By contrast, energy stocks found support from the jump in crude prices. In after-hours trading on Monday, Capstone Copper reported fourth-quarter earnings that came in below analyst estimates.

  • 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 $8000 more!
    In March we raffle $8000 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