TSX Opens Firm as Global Markets Inch Higher

The S&P/TSX Composite Index is expected to open on a firmer note as global markets and commodities inch higher, improving the broader market tone.

The index previously settled at 35,235.87, declining 0.63%, while remaining below its 21-day Simple Moving Average of 35,835.44.

The Canadian dollar begins the fourth quarter with commodity prices and interest-rate expectations remaining its principal drivers.

A stronger U.S. dollar, particularly if accompanied by higher U.S. yields, could put pressure on CAD.