TSX Futures Slip on Inflation and Trade Fears
Canadian stock index futures edged lower as persistent inflation and stalled US trade talks weighed on sentiment. Traders increased rate hike bets following recent domestic data.
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Canada's main stock index futures fell 0.13% during Tuesday morning trade as sticky inflation and rising trade frictions weighed on sentiment. The pullback follows a recent retreat from a three-week peak after domestic price data breached central bank targets. Investors are navigating higher bond yields and surging energy costs that complicate the macroeconomic backdrop.
