TSX futures decline amid Middle East tensions and US data
Canadian futures fell as Middle East tensions weighed on sentiment ahead of U.S. inflation data. Investors await the PCE report while RBC and TD report profits.
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Canada stock futures fell 0.25% early May 28 as Middle East tensions and upcoming inflation data weighed on investor sentiment. The S&P/TSX index remains sensitive to commodity price swings and interest rate signals from the United States. Geopolitical instability and PCE data will likely dictate the Bank of Canada's next move on borrowing costs.
