PriceSensitive

Market Open: TSX futures drop with bank earnings in view | Dec. 1

Economy, Finance, Market News, Market Summary
01 December 2025 10:00 (EST)

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

TSX futures gave back as much as 0.3 per cent before Monday’s market open, taking a pause following the index notching its seventh straight month of gains in November, a feat we haven’t seen since August 2021, as investors await bank earnings later this week.

Market numbers

TSX: Up (0.60%), 31,382.78.

TSXV: Up (1.65%), 937.34.

DOW: Down (0.45%), 47,521.

NASDAQ: Down (0.92%), 25,245.

FTSE: Up (0.36%), 9,736.

In the headlines

Analysts expect Canada’s Big Six banks to deliver increased fiscal year-end profits this week thanks to higher fee-based income, pronounced market volatility and strong equity returns. Scotiabank will publish on Tuesday, followed by RBC and National Bank on Wednesday, and TD, BMO and CIBC on Thursday.

Besides bank earnings, another clear catalyst for the TSX’s continued ascent is global gold and copper miner Barrick Mining (TSX:ABX), which announced on Monday that it is considering a potential IPO of its North American assets. The company is the largest gold producer in the United States. The news follows activist investor Elliott Investment Management announcing a stake in the company and a proposed turnaround plan, including a potential breakup.

Currencies

US: Up (0.13%), US$0.7159.

Euro: Down (0.32%), €0.6148.

GBP: Down (0.15%), £0.5395.

AUD: Down (0.18%), $1.0910.

JPY: Down (0.71%), ¥110.901.

Bitcoin: Down (4.98%), US$85,933.84.

(Conversion to C$1)

Commodities

Natural Gas: Down (0.41%), US$4.838.

WTI: Up (1.03%), US$59.177.

Gold: Up (0.80%), US$4,253.03.

Copper: Up (1.09%), US$5.328.

To stay up-to-date on all of your market news head to Stockhouse.com, Canada’s #1 financial portal and one of North America’s largest small-cap investor communities.

Join the discussion: Find out what investors are saying about bank earnings and the TSX market open for December 1, 2025, on Stockhouse’s stock forums and message boards.

Stockhouse does not provide investment advice or recommendations. All investment decisions should be made based on your own research and consultation with a registered investment professional. The issuer is solely responsible for the accuracy of the information contained herein.

For full disclaimer information, please click here.


Related News