TSX Futures Edge Up as Oil Spikes and Metals Decline

TSX futures rose as oil prices stayed above 105 dollars amid Middle East tensions. Investors are monitoring inflation risks and falling metal prices.

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Investors in Canada are navigating a complex market landscape as surging oil prices fuel inflation concerns while weighing on the materials sector.

Futures for the primary stock index in Canada edged higher on Monday morning as market participants weighed the inflationary risks of surging crude prices against potential gains for energy producers. As of 07:02 a.m. ET, March futures on the S&P/TSX composite index were up 0.3%, while indices in the United States showed a mixed performance.

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