Canadian Futures Dip as Oil Slumps and BoC Decision Looms Canadian stock futures declined on Tuesday due to falling oil prices and investor focus on the upcoming Bank of Canada policy decision. The energy sector faced pressure from lower oil prices linked to China’s sluggish economic growth, while the materials sector was affected by easing gold prices and falling copper prices. Investors are anticipating a potential third consecutive rate cut by the Bank of Canada, with attention also on upcoming economic data including Canadian manufacturing PMI and U.S. jobs reports. These factors are influencing market sentiment and expectations for both Canadian and U.S. monetary policy decisions. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Oxford: Recession Fears Ease as US Economy Shows Signs of Stabilization READ MORE Gold Prices Decline as Markets Reassess Rate Cut Expectations READ MORE Record-Breaking Gold Rally Pauses as Market Eyes Fed Signals READ MORE Will Gold Continue to New Heights? READ MORE The Best Time to Buy Gold & Silver in 2024 READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment