TSX futures inch up as US-Canada trade talks revived
Futures on the S&P/TSX index (.SXFcv1), opens new tab were up 0.1% at 06:54 a.m. ET (1054 GMT).
Canada scrapped its digital services tax targeting U.S. technology firms late on Sunday, just hours before it was due to take effect, in a bid to restart stalled trade negotiations with the U.S.
Canada's finance ministry said that Prime Minister Mark Carney and U.S. President Donald Trump will resume trade negotiations to agree to a deal by July 21.
Trump abruptly called off trade talks on Friday over the tax targeting U.S. technology firms, saying that it was a "blatant attack."
Toronto's commodity-heavy S&P/TSX composite index (.GSPTSE), opens new tab pulled back on Friday from a record high as data showed the domestic economy contracting and after Trump shattered optimism that U.S. would reach a tariff deal with Canada.
Gold firmed on Monday, while oil prices , nudged lower.
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