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Your daily horoscope: January 20, 2026

  IF TODAY IS YOUR BIRTHDAY This could be and should be the year when you make that breakthrough you have been dreaming of for so long. With dynamic Mars on your side you won’t be slow to take advantage of what the universe has to offer – and that’s lots! ARIES (March 21 - April 20): If you make a special effort on the work front today you will make a big impression on employers and senior colleagues. Mars in the career area of your chart gives you that competitive edge that people in positions of power want to see. TAURUS (April 21 - May 21): If you get the chance to travel over the next few days you must take it. There is a real possibility that you could end up some place that enchants you to such a degree that you don’t want to leave. Maybe one day you’ll retire there. GEMINI (May 22 - June 21): You will be so on top of your game today that your rivals won’t stand a chance. There is also a very real possibility that you will come into money – but if you do be smart and keep it ...
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TSX futures rise ahead of BoC meeting, metal prices boost materials sector

 

The S&P/TSX index futures were up 0.3% on Tuesday morning, as investors awaited the Bank of Canada’s monetary policy meeting on Wednesday and the fourth-quarter results of Canadian National Railway later in the day.

The materials sector, which accounts for about 10% of the index, was set to gain from higher gold and copper prices, supported by a weaker U.S. dollar and hopes of more stimulus from China, the top consumer of metals.

Gold prices rebounded from a two-week low hit on Monday, while copper and other industrial metals advanced on expectations that Beijing would announce more measures to boost its economy, which has been hit by the coronavirus outbreak.

Oil prices, however, eased slightly as traders weighed the geopolitical risks in several regions, such as Iran, Iraq, and Libya, with the supply disruptions in the U.S. and the resumption of production in Libya.

The focus of the market was on the Bank of Canada’s meeting on Wednesday, where the central bank is widely expected to keep its policy rate unchanged at 5%, but also signal its stance on future rate cuts.

Money market participants are now pricing in a 22.4% chance of a rate cut in March and a 50.2% chance in April, according to Citigroup analysts.

“We expect an overall hawkish meeting, with officials emphasizing a commitment to 2% inflation and pushing back on expectations for imminent rate cuts, but also expressing more confidence than in previous meetings that rates are appropriately restrictive,” they said in a note.

The Toronto Stock Exchange’s S&P/TSX composite index ended up 17.78 points, or 0.1%, at 20,924.30 on Monday, boosted by gains in financials and real estate.

Meanwhile, railroad operator Canadian National Railway is expected to report its fourth-quarter results later in the day, which could provide some insight into the impact of the ongoing rail blockades by indigenous protesters.

Wood products firm West Fraser announced the closure of its Fraser Lake sawmill, which is expected to affect 175 employees and the company’s production capacity.

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