Market Open logo. (Source: Stockhouse. Edited with Google Gemini)

TSX futures were unchanged before Monday’s market open, balancing a dip in commodities with optimism about a new framework for a trade deal between the US and China, setting a positive tone for Donald Trump and XI Jinping’s meeting later this week in South Korea before the Asia Pacific Economic Co-operation Summit.

Market numbers

TSX: Up (0.55%), 30,353.07.

TSXV: Down (0.053%), 963.72.

DOW: Up (0.47%), 47,603.

NASDAQ: Up (1.19%), 25,812.

FTSE: Up (0.55%), 9,656.50.

In the headlines

On Saturday, US President Trump announced an additional 10 per cent tariff on Canadian imports because of an anti-tariff ad run by Ontario Premier Doug Ford in the US, which has since been taken off air. The measure is in addition to a 35 per cent tariff on non-CUSMA-compliant goods and 25-50 per cent tariffs on specific sectors including copper, lumber and automobiles.

Despite gold’s recent pullback, top global gold producer Agnico Eagle Mines (TSX/NYSE:AEM) is still finding prospective investment opportunities, recently allocating $180 million to pick up a 6.5 per cent stake in Perpetua Resources (TSX:PPTA), whose Stibnite gold project in Idaho houses an estimated 4.8 million ounces in reserves and 2.4 million ounces at the resource level.

Currencies

US: Up (0.14%), US$0.7151.

Euro: Up (0.03%), €0.6145.

GBP: Down (0.11%), £0.5357.

AUD: Down (0.56%), $1.0911.

JPY: Up (0.05%), ¥109.250.

Bitcoin: Up (0.60%), US$161,277.17.

(Conversion to C$1)

Commodities

Natural Gas: Down (2.06%), US$3.288.

WTI: Down (0.07%), US$61.799.

Gold: Down (2.17%), US$4,023.13.

Copper: Up (1.15%), US$5.218.

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