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2026.07.0713:17:19UTC+00TSX Futures Rise on Trade Balance Data

Futures linked to the S&P/TSX Composite Index rose on Tuesday after Canada’s exports climbed to a record C$77.1 billion in May. Stronger shipments of gold ores and concentrates to China bolstered mining stocks. Oil prices, which had fallen back toward pre-conflict levels following the Iran–Israel ceasefire, edged higher again after reports of new attacks on vessels in the Strait of Hormuz. The rebound in crude provided some support to energy shares but also pushed Canadian bond yields slightly higher on renewed inflation concerns, curbing gains for financials and the broader market. Investors were also awaiting the release of minutes from the Federal Reserve’s June meeting.

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