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Stock impact report

TSX futures edge lower ahead of US inflation data [Yahoo! Finance Canada]

Suncor Energy Inc. (SU) 
Last suncor energy inc. earnings: 2/5 07:15 pm Check Earnings Report
US:NYSE Investor Relations: suncor.com/investor-centre
December futures on the S&P/TSX index were down 0.07% at 6:04 a.m. ET (11:04 GMT). Wall Street futures edged lower as an uptick in Treasury yields weighed on rate-sensitive equities. [.N] Investors are focused on the U.S. consumer price index, due at 8:30 a.m. ET, to gauge the Federal Reserve's policy easing path. Traders see a 63% chance for a 25-basis-point rate cut in the United States next month. However, markets also assume that President-elect Donald Trump's proposed policies could fuel economic growth and inflation, potentially impeding the path to lower Fed interest rates. Trump's reelection comes with his proposed tariffs for all imports that could potentially hurt the United States' trade relations, including with Canada. Canada's energy sector grabbed the limelight on Wednesday as oil prices rose on signs of near-term supply tightness. [O/R] The materials sector could take its cues from gold prices that rose after falling to a near two-month low in the previous Show less Read more
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