# TSX futures rise as Trump teases 'Concept' of Canada trade deal

> Canadian stocks rose on November 2 as Brent crude fell more than 6% on hopes for US-Iran peace talks. Trump also commented on a possible trade deal with Canada.

- Date: 2026-11-02 · published 2026-11-03T00:09:25.723Z
- Category: geopolitics · region Canada · magnitude low
- Page: https://feedsoft.ai/events/76419-tsx-futures-rise-as-trump-teases-concept-of-canada-trade-deal
- Commodities: [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [Canola Meal](https://feedsoft.ai/c/CANMEAL.md)

## Why it matters

Lower crude reduces diesel and fertilizer cost pressure and could ease freight expenses. A Canada trade deal headline could support canola and grain trade expectations.

## Read by commodity

- WTI: bearish ▼
- BRENT: bearish ▼
- CANMEAL: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| BRENT | 2026-04-07 | [Oil Futures Plunge as Cease-Fire Raises Hopes for Restored Supply - WSJ](https://feedsoft.ai/events/6899-oil-futures-plunge-as-cease-fire-raises-hopes-for-restored-supply-wsj.md) | -6.5% | -1.7% |
| BRENT | 2026-07-28 | [Corn Futures Slide as Oil Selloff Triggers Profit-Taking](https://feedsoft.ai/events/9377-corn-futures-slide-as-oil-selloff-triggers-profit-taking.md) | -4.2% | +2.6% |
| BRENT | 2026-03-27 | [Crude oil futures decline as US extends Iran peace deal deadline - The HinduBusinessLine](https://feedsoft.ai/events/20283-crude-oil-futures-decline-as-us-extends-iran-peace-deal-deadline-the.md) | +6.6% | -1.9% |
| BRENT | 2026-03-23 | [Brent Oil Futures Drop 14% After Trump Delays Strikes on Iran - Bloomberg](https://feedsoft.ai/events/8152-brent-oil-futures-drop-14-after-trump-delays-strikes-on-iran-bloomberg.md) | +1.5% | -13.8% |
| BRENT | 2026-02-02 | [NYMEX Overview: Futures Move Lower as Geopolitical Tensions Cool -- OPIS](https://feedsoft.ai/events/5921-nymex-overview-futures-move-lower-as-geopolitical-tensions-cool-opis.md) | -3.1% | +0.6% |
| WTI | 2018-06-11 | [CANADA FX DEBT-C$ weakens as Trump-Trudeau fallout adds to trade worries](https://feedsoft.ai/events/64756-canada-fx-debt-c-weakens-as-trump-trudeau-fallout-adds-to-trade-worries.md) | -1.1% | +12.4% |
| WTI | 2026-04-07 | [Oil Futures Plunge as Cease-Fire Raises Hopes for Restored Supply - WSJ](https://feedsoft.ai/events/6899-oil-futures-plunge-as-cease-fire-raises-hopes-for-restored-supply-wsj.md) | -11.7% | -4.3% |
| WTI | 2026-07-28 | [Corn Futures Slide as Oil Selloff Triggers Profit-Taking](https://feedsoft.ai/events/9377-corn-futures-slide-as-oil-selloff-triggers-profit-taking.md) | -2.7% | +2.6% |

## Sources

- investing.com: https://www.investing.com/news/stock-market-news/tsx-futures-rise-as-trump-teases-concept-of-canada-trade-deal-4990493

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.