TSX Expected to Open Higher as Global Markets Rally Ahead of NFP Release

The S&P/TSX Composite Index is expected to open higher as global markets and commodities trade at elevated levels, ahead of the NFP release.

This comes as investors assess the implications of the Federal Reserve's latest policy decision and potential future rate adjustments. U.S. Treasury yields remain a key market signal, influencing equity valuations and financing conditions.

Crude oil prices are particularly important for energy stocks, with crude trading around $93 per barrel on Friday after gaining for two consecutive sessions. Gold prices have slipped to around $4,150 an ounce, pressured by higher oil prices amid concerns over a potential escalation in the US-Iran conflict.