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TSX Futures Rise as Oil Gains Offset Gold

Canadian stock futures edged higher as rising oil prices boosted energy shares. The gains offset downward pressure on mining stocks from falling gold prices. Meanwhile traders awaited upcoming central bank decisions.

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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 futures rose 0.18% during Wednesday morning trading as higher crude prices supported energy equities. The advance offset downward pressure from softer precious metals on mining shares. Energy gains provided a buffer against macroeconomic headwinds as investors weighed monetary policy adjustments.
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