Markets

TSX Set to Rise As Gold Boosts Miners; Easing Ukraine Tension Still in Focus

The Canadian benchmark index may open higher on Tuesday, extending gains from the previous session, with gold prices rising 0.37% to US$1,315.30 an ounce.

September futures on the S&P TSX index were up 0.13% in recent trading.

Investors continue to weigh the impact of easing tensions between Ukraine and Russia. Recent reports said Russia has sent aid mission to eastern Ukraine, with a huge convoy of food and medicine setting off from outside Moscow. Ukrainian officials, however, have set conditions before allowing the convoy to enter eastern Ukraine, including passing through a government-controlled border post and getting certification from Red Cross.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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