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TSX futures muted ahead of Bank of Canada rate decision

S&P/TSX 60 index futures slipped 0.1% by 08:11 ET, as oil jumped more than $2 after an attack on a refinery in Saudi Arabia revived concerns over a widening Middle East conflict. The Bank of Canada is expected to raise rates for the first time since July 2023 to curb energy-fueled inflation. Gold fell ahead of the Federal Reserve's rate announcement as a firmer dollar weighed on bullion. Nasdaq 100 futures gained 122 points, or 0.4%, after blowout earnings from SK Hynix sparked a rally in AI-linked chip stocks, while the Fed is widely expected to hold rates after hiking 25 basis points in September.

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