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Market Impact: 0.55

TSX futures fall as Middle East tensions boost oil, weigh on gold

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Futures linked to Canada’s resource-heavy stock index fell on Monday as threats to energy infrastructure in the Gulf pushed oil prices sharply higher. Declines in gold and silver added further pressure on resource-linked futures, creating a risk-off tone for commodity-exposed Canadian equities.

Analysis

Futures linked to Canada’s resource-heavy stock index fell on Monday as threats to energy infrastructure in the Gulf pushed oil prices sharply higher. Declines in gold and silver added further pressure on resource-linked futures, creating a risk-off tone for commodity-exposed Canadian equities.

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Market Sentiment

Overall Sentiment

mildly negative

Sentiment Score

-0.25