TSX futures fall ahead of US CPI reading

Wall Street Futures News

TSX futures fall ahead of US CPI reading
Metal PricesCanadaToronto Stock Exchange
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Futures linked to Canada's main stock index slipped on Wednesday as investors' cautionary stance ahead of key U.S. inflation data countered gains in crude...

- Futures linked to Canada 's main stock index slipped on Wednesday as investors' cautionary stance ahead of key U.S. inflation data countered gains in crude and metal prices .

Wall Street futures were also muted after S&P and Nasdaq indexes registered four straight sessions of gains. Market participants are united in their expectations for a rate cut, but are evenly divided between chances of a 25 basis-points reduction and or that of 50 bps. The materials sector was in focus as gold prices neared record highs, driven by U.S. rate-cut hopes and tensions in the Middle East. Copper prices also firmed against a soft dollar. KYIV, Ukraine — Ukrainian forces pushed on with their major cross-border incursion into Russia's Kursk region for a second week Wednesday, claiming to have taken more ground, captured more Russian prisoners and destroyed a jet bomber.

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