Canada futures rise as oil drop cools inflation fears
Canadian stock futures advanced on Monday as weaker oil prices helped ease investor concerns about inflation. Market participants are also shifting their focus toward the upcoming United States midterm elections and upcoming corporate earnings reports.
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Canada futures rose 0.22% on Monday morning as weaker oil prices eased inflation concerns across domestic markets. The upward tick follows a sharp decline on Friday when the main stock index recorded its biggest one-day drop in nearly six months. Investors are balancing easing commodity pressures against upcoming political and monetary policy risks.
