TSX Futures Rise as Oil Eases

Canadian stock futures edged higher on Friday as easing oil prices and gains in precious metals provided comfort to investors. Meanwhile, elevated bond yields and persistent inflation concerns kept overall market advances in check.

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

Futures in Canada rose 0.2% on Friday morning as easing oil prices and modest precious metal gains countered pressure from elevated bond yields. The S&P/TSX index tracked higher despite lingering macroeconomic headwinds. High borrowing costs continue to shape market sentiment across North American equities.

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