(Reuters) -Futures tied to Canada’s main stock index were little changed on Monday, as investors braced for fresh economic indicators domestically and from the U.S.
December futures on the S&P/TSX index were down 0.03%, as of 5:50 a.m. ET.
The S&P/TSX composite index rose 0.2% on Friday, after early losses, as technology and energy shares led the rebound. The advance had snapped a two-week losing streak and delivered a weekly gain of 1.4% – the strongest since late September.
Canada’s inflation data, due at 8:30 a.m. ET, is expected to show a rise of 2.1% on an annual basis for October.
The country’s inflation has spent most of 2025 hugging the Bank of Canada’s sweet spot, but the recent uptick is a reminder that price pressures are not fully tamed.
After a soft patch earlier this year, headline CPI climbed back to 2.4% in September. Core gauges remain around the 3% level, underscoring why policymakers are not rushing to declare victory – and why rate-cut bets may stay on ice a little longer.
Investors are also looking forward to a speech by BoC deputy governor Nicolas Vincent later in the week and Thursday’s U.S. jobs data, which could do little more than confirm earlier private market surveys showing the labor market had slowed.
In corporate news, Reuters reported that the board of Canada’s Barrick Mining has raised the possibility of splitting the company into two separate entities, citing sources close to the company.
(Reporting by Avinash P in Bengaluru; Editing by Shreya Biswas)
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