TSX futures rise on US-Iran hopes

Canadian stock futures edged higher on Tuesday morning as investors anticipated potential US-Iran talks at the UN General Assembly. Lower commodity prices capped gains while markets awaited upcoming retail sales data and Federal Reserve commentary.

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The Art Deco facade of the original Toronto Stock Exchange building is seen on Bay Street in Toronto, Ontario, Canada January 23, 2019. REUTERS/Chris Helgren

Canada's resource-heavy index rose 0.1% to 2120.70 points Tuesday morning as investors weighed potential diplomatic talks. The modest advance comes amid cautious trading across global commodities markets. Traders are balancing easing geopolitical tensions against persistent inflationary pressures.

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