“TSX Futures Rise on Boost from Increased Commodity Prices”

TSX futures rose on Monday, influenced by strong commodity prices, with the S&P/TSX composite index increasing by 17.78 points, or 0.1%, to close at 20,924.30. Gains in financial and real estate sectors supported this rise, while materials stocks benefited from a rebound in gold prices driven by a weaker U.S. dollar. Hopes for additional economic stimulus from China also lifted copper and industrial metals. Conversely, oil prices saw a slight decline due to geopolitical tensions and supply disruptions. Investors await the Bank of Canada’s monetary policy meeting on Wednesday, with expectations for a hawkish stance on interest rates.

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