Jan 24 (Reuters) - Futures for Canada's main stock index
were flat on Friday, after eight successive sessions of gains
for the index, as investors refrained from big bets amid
uncertainty over U.S. President Donald Trump's latest tariff
threats.
March futures on the S&P/TSX index were down 0.03%
at 6.12 a.m. ET (1112 GMT).
In a video address to the World Economic Forum on Thursday,
Trump criticized traditional U.S. allies Canada and the European
Union, threatening them again with new tariffs, while expressing
dissatisfaction about their trade surpluses with the United
States.
Earlier this week, Trump said he was thinking about imposing
25% duties on imports from Canada and Mexico on Feb. 1.
Global markets were slightly relieved when Trump in a
separate interview said he could reach a trade deal with China.
The Toronto Stock Exchange's S&P/TSX composite index
ended 0.5% higher on Thursday, buoyed by hopes of a
business-friendly U.S. government.
In commodities, gold prices touched near three-month
highs on Friday as Trump's calls to lower interest rates and a
lack of clarity on tariffs weighed on the dollar.
Oil prices, remained well below $80 a barrel,
after Trump said he would ask Saudi Arabia and OPEC to bring
down the prices.
In corporate news, TD Bank said on Thursday that
Chief Global Anti-Money Laundering Officer Herbert Mazariegos is
stepping down immediately, as the bank takes remediation actions
after it was fined by U.S. regulators for compliance failures.
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