FX.co ★ TSX Futures Rise on Shutdown Hopes and Strong Commodities

Futures linked to Canada’s S&P/TSX Composite Index experienced a significant rise on Monday. This increase was driven by a positive global sentiment following the US Senate's progress on a bill to conclude the 40-day government shutdown, thereby resuming federal operations. This development enhanced risk appetite across global markets. Additionally, rising gold and oil prices provided further support to Canadian producers, many of whom concluded the previous week on a high note. ECN Capital is slated to release its third-quarter results today, with expectations of increased earnings and revenue. Similarly, Premium Brands is anticipated to report robust performance.