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Stock impact report

TSX set for muted start as falling oil counters gold gains [Reuters]

TC Energy Corporation (TRP) 
Last tc energy corporation earnings: 5/1 07:30 am Check Earnings Report
US:NYSE Investor Relations: transcanada.com/en/investors
Company Research Source: Reuters
April 18 (Reuters) - Futures for Canada's main stock index were muted on Thursday as gains in metal prices were offset by declines in oil, while investors awaited fresh cues on the timing of interest rate cuts by central banks. June futures on the S&P/TSX index were up 0.1% at 6:40 a.m. ET (10:40 GMT). Spot gold prices climbed as risks of a widening Middle East conflict raised its safe-haven appeal, overshadowing pressures from prospects of higher-for-longer U.S. interest rates. London copper hit its highest in 22 months, supported by a softer dollar. On the other hand, oil prices extended losses as investors switched focus to signs that a wider conflict in the key Middle East could be avoided, as well as demand concerns. Meanwhile, investors awaited fresh clues to gauge when the central banks' would commence their easing cycle, both at home and in the United States. Data-wise, a weekly reading of jobless claims is due in the U.S. at 8:30 a.m. ET. The Toronto Stock Exch Show less Read more
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