TSX futures and commodities rise as investors weigh geopolitical tensions and tech earnings
Canadian futures and commodities rose Thursday as investors weighed geopolitical risks. Central banks held rates as oil prices surged past seventy dollars.
Insights:
March futures on the Toronto S&P/TSX Composite Index were up 0.3 percent as of 6:05 a.m. ET on January 29, 2026, as Canadian benchmarks and commodity-linked sectors reacted to a complex mix of geopolitical tensions and corporate updates. Spot gold gained 1.4 percent and briefly hovered near $5,600 per ounce, while oil prices climbed. Brent crude futures surged past $70 per barrel for the first time since September amid fears of a potential United States 
USstrike on Iran 
IR.
USstrike on Iran IR.The upward movement in futures follows a Wednesday session where rising commodity stocks helped the benchmark stock index in Canada 
CAclose higher. This recovery offset earlier losses that were triggered by the Bank of Canadaflagging uncertainty around future policy moves before keeping benchmark interest rates unchanged. While the sell-off in the United Statesdollar eased on Thursday, the currency remained close to multi-year lows. Silver prices remained steady during the morning hours, while copper and other metal prices rose.
CAclose higher. This recovery offset earlier losses that were triggered by the Bank of Canadaflagging uncertainty around future policy moves before keeping benchmark interest rates unchanged. While the sell-off in the United Statesdollar eased on Thursday, the currency remained close to multi-year lows. Silver prices remained steady during the morning hours, while copper and other metal prices rose.
