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Your daily horoscope: January 28, 2026

  IF TODAY IS YOUR BIRTHDAY Everything changes so fast nowadays that it can be hard staying on top of it all, but your mind will move so quickly this year that you have no trouble keeping on top of events. Change is good for you, and it’s exciting as well. ARIES (March 21 - April 20): If someone provokes you today don’t just blindly lash out at them. They may be in the wrong but it’s up to you how you choose to react. Is it worth getting worked up about? No it isn’t, so refuse to take it personally and just move on. TAURUS (April 21 - May 21): If someone turns up the heat on the work front today don’t get hot under the collar. They may or may not be justified in their actions but there is nothing they can do that will actually affect you in a negative way, so stay calm. GEMINI (May 22 - June 21): There are days when it all comes together and this could be one of them. Cosmic activity in your fellow air sign of Aquarius means you are in tune with the spirit of the times on every lev...
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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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