Bay Street Seen Opening Higher Amid Hopes Of De-escalation In Middle East Tensions

Higher Canadian and U.S. futures and firmer precious metals prices point to a positive start on Bay Street. Reports of U.S.-Iran peace talks and hopes of de-escalation in the Middle East are supporting sentiment, though market moves appear modest and contingent on further developments.

Analysis

Higher Canadian and U.S. futures and firmer precious metals prices point to a positive start on Bay Street. Reports of U.S.-Iran peace talks and hopes of de-escalation in the Middle East are supporting sentiment, though market moves appear modest and contingent on further developments.