CANADA STOCKS-TSX futures inch lower as investors await key domestic, US data

BY Reuters | ECONOMIC | 09/26/25 06:28 AM EDT

Sept 26 (Reuters) - Futures tied to Canada's main stock index edged lower on Friday as investors awaited domestic GDP and U.S. inflation data.

Futures for Toronto's S&P/TSX index were down 0.2% at 1,752.50 points by 06:09 a.m. ET (1009 GMT), after three straight sessions of declines.

Markets will assess domestic GDP data and U.S. Personal Consumption Expenditures Index, the Fed's preferred inflation gauge, for hints on monetary policy on both sides of the border.

Data coming out of the U.S. on Thursday pointed towards a stronger-than-expected growth in the economy and lowered rate cut expectations.

U.S. President Donald Trump announced a fresh set of tariffs on branded drugs, heavy-duty trucks and kitchen cabinets that are set to come into effect next week.

Meanwhile, Canada Post workers went on a nationwide strike on Thursday after the government called for a widespread transformation in a bid to modernize operations and strengthen finances.

Canada's anti-money laundering agency imposed its largest ever penalty of C$19.6 million ($14.09 million) on Peken Global Limited, operator of one of the world's largest cryptocurrency exchanges, KuCoin.

In commodities, gold was steady ahead of U.S. inflation data while oil prices edged up on Russia curbing fuel exports.

Canada's TSX index ended lower on Thursday, dragged down by technology shares, but the decline was limited after U.S. GDP data showed a stronger-than-expected growth.

FOR CANADIAN MARKETS NEWS, CLICK ON CODES:

TSX market report

Canadian dollar and bonds report

Reuters global stocks poll for Canada

Canadian markets directory (Reporting by Twesha Dikshit; Editing by Sahal Muhammed)

In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible.

Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.

Before investing, consider the funds' investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.

fir_news_article