Canadian Futures Flatline as Traders Await BoC, Fed Rate Verdicts

Canadian and U.S. futures indicate a muted open for Canadian markets as investors focus on Bank of Canada and Federal Reserve policy decisions at 9:45 AM ET and 2:00 PM ET, with both expected to hold rates but statements poised to influence rate paths and USDCAD. Morning previews set the stage with expectations of steady BoC at 2.25% and Fed through 2027, alongside soft Aussie CPI (annual 4.6% vs 4.8% expected), rising WTI crude (+3.37% to $103.30) on Middle East risks, and slipping S&P/TSX (-0.69% to 33,584). Midday updates underscore cautious sentiment ahead of guidance that could spark FX swings.