15.06.202612:48:44UTC+00TSX Futures Rise on US-Iran Peace Deal

Futures tracking the S&P/TSX Composite Index advanced on Monday after the United States and Iran announced a preliminary peace agreement. The two countries reached an interim deal intended to end the conflict, with U.S. President Donald Trump saying the accord would halt hostilities and reopen the Strait of Hormuz.

Crude oil prices declined, reducing fears that an energy‑driven surge in inflation could prompt a more hawkish stance from major central banks. Bond yields also moved lower, bolstering banking stocks and the broader equity market as concerns over rising borrowing costs eased. At the same time, gold prices climbed, lending support to mining shares.

Investors are now turning their attention to the U.S. Federal Reserve’s policy meeting, which concludes on Wednesday, with markets increasingly anticipating that policymakers will leave interest rates unchanged.