3 July 2026, 16:44 Canada: TSX Futures Gain as Gold Prices Climb.
Futures tracking the S&P/TSX Composite Index edged higher on Friday, supported by firmer gold prices after weaker-than-expected US jobs data tempered expectations of a near-term Federal Reserve rate hike. Gold gained after data showed US nonfarm payrolls rose by 57,000 in June, well below forecasts of 110,000, boosting hopes for a more dovish Fed and supporting mining shares. Meanwhile, BHP Group agreed to transfer its San Manuel property in Arizona to Faraday Copper in exchange for a 30% stake in the Canadian miner, as Faraday seeks to develop a copper hub around its adjacent Copper Creek project. Oil prices remained near pre-war lows amid optimism over US-Iran peace efforts, easing concerns about energy-driven inflation and supporting financial stocks. Separately, AtkinsRealis said Turkey could begin formal talks on a CANDU nuclear plant after completing an early reactor review later this summer.
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