TSX Futures Subdued on Middle East News

Canadian stock futures stayed muted as investors tracked Middle East developments and lower oil prices. Meanwhile, precious metals extended their recent gains following Federal Reserve policy updates.

Insights:
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 stock futures traded flat during Friday morning hours as investors weighed Middle East developments against rising oil supplies. The benchmark index remains on track for its first weekly gain in five sessions. Easing commodity prices and monetary policy shifts have helped stabilize market sentiment across Canada.

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