Canadian Futures Edge Higher on Gold Rally Before Rate Decisions
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Futures for the S&P/TSX Composite Index rose as gold prices reached a record high, with investors anticipating interest rate decisions from the US Federal Reserve and the Bank of Canada. Both banks are expected to maintain current rates. Mining stocks may benefit from the rise in gold prices, while banking shares could gain from a stable interest-rate outlook. Earnings reports are expected from Canadian Pacific Kansas City, Celestica, and CGI later today.
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