TSX futures climb as commodity prices bounce back before Fed minutes
Canadian stock futures rose today as gold and oil prices rebounded from recent losses. Investors await Federal Reserve minutes and key economic data for cues.
Insights:
Futures on the S&P/TSX composite index in Canada 
CA rose on Wednesday, February 18, 2026, as a recovery in gold and oil prices helped to lift market sentiment. The rebound in these key commodities, including Brent crude and West Texas Intermediate, served to offset earlier declines in the commodity-linked mining and energy sectors. This recovery is significant as commodity price moves remain a primary driver of Canadian equity performance and continue to shape investor expectations.
CA rose on Wednesday, February 18, 2026, as a recovery in gold and oil prices helped to lift market sentiment. The rebound in these key commodities, including Brent crude and West Texas Intermediate, served to offset earlier declines in the commodity-linked mining and energy sectors. This recovery is significant as commodity price moves remain a primary driver of Canadian equity performance and continue to shape investor expectations.The shift in market direction occurred immediately ahead of the release of minutes from the Federal Reserve in the United States 
US, which are due later today, and the U.S. Personal Consumption Expenditures (PCE) report scheduled for Friday. Both sets of data are critical for informing monetary policy expectations. According to the CME FedWatch Tool, investors are closely watching these signals to determine the future path of interest rates. The recent commodity-driven slump that had previously pushed Toronto's benchmark index lower appears to have been temporarily reversed by this morning's price action.
US, which are due later today, and the U.S. Personal Consumption Expenditures (PCE) report scheduled for Friday. Both sets of data are critical for informing monetary policy expectations. According to the CME FedWatch Tool, investors are closely watching these signals to determine the future path of interest rates. The recent commodity-driven slump that had previously pushed Toronto's benchmark index lower appears to have been temporarily reversed by this morning's price action.
