TSX Futures Slip as Investors Eye Data Flow

Futures tracking Canada’s S&P/TSX Composite Index edged down on Monday as investors focused on fresh economic indicators in Canada and the US. Canada’s annual inflation eased to 2.2% in October while core rates tracked by the BoC held near the 3% threshold, maintaining the central bank's outlook that it is likely done with rate cuts.

Gold prices fell, weighing on Canadian miners, while higher oil prices offered support to major producers.

In corporate news, Barrick Mining’s board is considering splitting the company into two separate entities.

Meanwhile, the end of the prolonged US government shutdown means key economic data from the US, especially on jobs, will resume this week, helping guide the Fed.