TSX Futures Rise Ahead of U.S. Inflation Data Release

By EC Assets · Published 30 September 2026

TSX futures advanced ahead of upcoming U.S. inflation data. Canada's main stock index has recently shown varied performance, with some sessions ending higher and others closing lower. Investor focus remains on inflation trends in both the U.S. and Canada, along with their potential impact on central bank policy. TSX futures ticked higher before the release of U.S. inflation data. Canada's main stock index previously closed slightly up in a session where U.S. consumer inflation slowed more than expected in June. That slowdown trimmed expectations for Federal Reserve rate hikes. The Bank of Canada (BoC) was expected to hold rates steady on Wednesday July 14 during that period. Conversely, the S&P/TSX Composite Index closed lower on a Monday as weakness in technology stocks outweighed gains in energy and base metals shares. This occurred as investors digested data showing Canadian inflation accelerated to 3.0%. On another Monday, the S&P/TSX Composite Index fell. A decline in financial shares outweighed gains in technology during that session. Investors assessed softer-than-expected Canadian inflation data and ongoing developments. Broader market sentiment has seen some shifts. Pressure on U.S. Treasurys eased after the 30-year yield reached its highest level since 2002. Some strategists have turned bullish on U.S. Treasury notes, finding value in 5.25% yields. This contrasts with earlier perspectives from 2020. Holiday retail sales are projected to exceed $1 trillion, partly due to inflation boosting growth. Market participants will closely watch the upcoming U.S. inflation figures. Prediction market traders anticipate that the U.S. added more jobs in September than economists estimate. These expectations suggest another strong month of job growth. This article is intended for informational purposes only. It does not constitute investment advice.