TSX Futures Rise, Gold Boosted by Easing Fed Rate Hike Bets

By EC Assets · Published 3 July 2026

TSX futures show an upward trend as reduced expectations for Federal Reserve interest rate hikes influence market sentiment. Gold prices are set for their first weekly rise in a month, supported by investors scaling back their bets on further Fed rate increases. This adjustment in rate hike expectations follows recent economic data and analysis from financial institutions. The dollar is facing its largest weekly decline since April, a movement attributed to soft jobs data. This data has helped blunt expectations for further Fed rate hikes. Barclays anticipates an "extended" interest rate hold by the Federal Reserve. Investors are actively looking for further clues from the Federal Reserve regarding its monetary policy. They are also monitoring upcoming earnings reports. These factors gain prominence as the technology sector experiences some instability. This article is intended for informational purposes only. It does not constitute investment advice.