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Futures tied to Canada's main stock index edged up on Monday, mirroring Wall Street peers, as investors shifted their attention to the week's upcoming US-Russia talks, trade negotiations and pivotal US inflation data.
Futures on the S&P/TSX index (.SXFcv1) rose 0.17 per cent by 05:34 a.m. ET (0934 GMT).
The move follows a strong weekly performance for the Toronto Stock Exchange's S&P/TSX composite index (.GSPTSE), as solid corporate earnings propelled its largest weekly advance in nearly a year.
Investor focus will be on talks between US President Donald Trump and Russian leader Vladimir Putin on August 15 in Alaska, to negotiate a possible end to the war in Ukraine.
Also on cards is a looming US tariff deadline on China, set to expire on Tuesday, with expectations for another extension to avert triple-digit percentage levies.
Tuesday's July US consumer price index data will indicate whether Trump's import tariffs are fueling price pressures, which could sway market bets on a September interest rate cut by the Federal Reserve.
Canada is poised for a data-light week, with Friday's June wholesale trade and manufacturing sales figures to be the only notable indicators.
On Wednesday, the Bank of Canada will release the Governing Council deliberations summary for the decision announced two weeks earlier, when the policy rate was kept unchanged but the bank indicated future cuts if the economy weakens further and inflation remains in check.
On the day, the materials index could come under pressure as gold prices dropped more than 1 per cent ahead of US-Russia talks.
Oil prices also fell, extending declines of more than 4 per cent last week.
Barrick Mining (ABX.TO) will post its quarterly results later in the day.