FX.co ★ TSX Futures Rise on US-Iran Peace Deal Hopes

Futures tied to the S&P/TSX Composite Index inched higher on Friday, positioning the benchmark for a fourth straight week of gains as expectations grew for easing tensions in the Middle East. US President Trump signaled optimism that an agreement to end the Iran war could be reached in the near term, a development that would restore shipping flows through the Gulf region and ease upward pressure on oil prices. Lower bond yields underpinned banking shares and supported the broader market, though energy producers are poised to open weaker. At the same time, gold prices ticked higher, offering support to mining stocks. Investors are also looking ahead to a busy earnings calendar next week, with results from companies such as Waste Connections and Fairfax Financial expected to provide fresh insight into how corporates are managing the challenges created by the Iran conflict.