Futures Take Small Steps Ahead of BoC Word

Baystreet
2026.01.28 12:48
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Futures linked to Canada's main stock index rose slightly as gold prices hit a new high, with investors awaiting interest rate decisions from the U.S. Federal Reserve and the Bank of Canada. The TSX index closed at 33,096.40, while March futures increased by 0.2%. The Canadian dollar also gained 0.17 cents. Major companies like Canadian Pacific Kansas City and Celestica are set to report earnings. In the U.S., S&P 500 futures rose ahead of tech earnings, with expectations for the Fed to maintain its interest rate range at 3.5% to 3.75%.