TSX Futures Flat Ahead of Tariff Clarity and Key Economic Data
TSX futures were flat as investors awaited clarity on impending U.S. tariffs, with key economic indicators such as Canada’s January GDP and U.S. inflation data on the horizon.
Published on March 28, 2025
Canadian stock index futures remained static on March 28 as investors awaited further details on the impending U.S. tariffs. At 6:51 am ET, S&P/TSX futures had edged down by 0.04%, amid concerns triggered by U.S. President Donald Trump’s decision to impose a 25% tariff on auto imports. Canadian Prime Minister Mark Carney indicated that Canada would respond with unspecified trade measures if the tariffs were implemented.
Market participants are also looking forward to several important economic updates. Upcoming data include Canada’s January GDP figures and the U.S. Personal Consumption Expenditures report, which is closely watched as a measure of inflation. These developments come as global markets continue to navigate uncertainties from the escalating trade tensions and the broader impact on commodity prices, including declining oil and copper prices and record-high gold levels.