July 25 (Reuters) - Futures tied to Canada’s main stock index slipped on Friday, mirroring global markets, as investors awaited trade developments ahead of President Donald Trump’s tariff deadline next week.

Futures on the S&P/TSX index were down 0.2% at 1,625.4 points by 06:55 a.m. ET (1055 GMT).

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Canada' main stock index edged lower on Thursday but was holding close to a record high.

Global equities fell on Friday as investors booked profits ahead of a critical week that includes the August 1 tariff deadline. Markets are watching closely, hoping the United States will hold off on imposing steep import levies.

This week, sentiment was buoyed by U.S. trade agreements with Japan, Indonesia, and the Philippines. Meanwhile, negotiations continue with the European Union and South Korea, where hopes for additional deals remain.

In commodities, gold prices slipped and copper eased, and oil prices were stable on Friday.

Looking ahead, investor focus will shift to several key events next week, including policy decisions from the Bank of Canada and the U.S. Federal Reserve, as well as earnings reports from several of the so-called “Magnificent Seven” tech companies.

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https://www.reuters.com/markets/europe/tsx-futures-slip-investors-await-tariff-deadline-trade-updates-2025-07-25/