Futures Off to Begin Monday
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Futures on Canada's main stock index fell as global markets turned risk-averse following U.S. President Trump's tariff threats against eight European nations. The TSX index rose 11.63 points to 33,040.55 on Friday, but March futures declined 0.6% on Monday. Trump's proposed tariffs reignited trade war concerns. Meanwhile, Statistics Canada reported a 2.4% rise in the consumer price index for December. Internationally, markets in Japan and Hong Kong fell, while Canada secured a tariff reduction agreement with China. Oil prices slid to $59.00, and gold prices rose to $4,671.10 per ounce.
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