Before the Bell will pause tomorrow for the National Day for Truth and Reconciliation, and return on Thursday.

Global markets were mixed as investors search for direction amid persistently high bond yields.

Wall Street futures were muted ahead of key inflation data out tomorrow.

TSX futures were little changed after major North American markets closed lower yesterday. Canadian stock markets will be open for trading tomorrow. but bond markets will be closed.

On Wall Street, markets are watching earnings from Carnival Corp. Tomorrow, they’ll be eyeing results from Micron Technology Inc. and ConAgra Brands Inc.

“Today, investors will have an eye on U.S. job openings, and tomorrow the PCE inflation figures will be closely watched,” Ipek Ozkardeskaya, senior analyst at Swissquote, wrote in a note.

“Stronger-than-expected jobs/inflation figures would cement the idea that the U.S. jobs market remains strong enough to withstand further rate hikes to tame inflation, and the latter could further strengthen the U.S. dollar bulls’ hand, while applying further upward pressure on yields.”

Overseas, the pan-European STOXX 600 was up 0.56 per cent in morning trading. Britain’s FTSE 100 rose 0.36 per cent, Germany’s DAX gained 0.56 per cent and France’s CAC 40 climbed 0.22 per cent.

In Asia, Japan’s Nikkei closed 0.6 per cent lower, while Hong Kong’s Hang Seng declined 0.48 per cent.

Oil prices steadied as lingering concern ‌over Middle East supply disruption brought about by the U.S.-Israeli war on Iran weighed on signs of recovering crude exports from the region.

Brent crude futures for November eased 0.2 per cent ​to $105.10 a barrel. West Texas Intermediate (WTI) crude traded at US$92.29, down 0.33 per cent.

“A clearer picture is emerging ‌of higher oil export volumes leaving the Gulf, but much of that increase still relies on workarounds such as ship-to-ship transfers. Those methods are less efficient and more costly than normal operations, which is why crude prices remain elevated,” said KCM ‌Trade chief ​analyst Tim Waterer.

In other commodities, spot gold rose 0.6 per cent to US$4,140.10 an ounce. U.S. gold futures gained 0.1 per cent to US$4,171.60.

The Canadian dollar weakened against its U.S. counterpart.

The day range on the loonie was 70.41 US cents to 70.59 US cents in early trading. The Canadian dollar was down about 2.12 per cent against the greenback over the past month. It traded at $1.4200 per US$1.

The U.S. dollar index, which weighs the greenback against a group of currencies, rose 0.28 per cent to 101.48.

The euro dropped 0.32 per cent to US$1.1337. The British pound slid 0.26 per cent to US$1.3226.

In bonds, the yield on the U.S. 10-year note was little changed at 5.244 per cent.

Euro zone economic and consumer confidence

8:30 a.m. ET: Canada’s monthly real GDP for July. The Street expects a flat reading month-over-month.

9 a.m. ET: U.S. S&P Cotality Case-Shiller Home Price Index (20 city) for July. Consensus is a rise of 0.2 per cent from June and up 2.2 per cent year-over-year.

9 a.m. ET: U.S. FHFA House Price Index for July. Estimate is a month-over-month rise of 0.1 per cent and year-over-year gain of 2.5 per cent.

10 a.m. ET: U.S. Conference Board Consumer Confidence Index for September.

10 a.m. ET: U.S. Job Openings and Labor Turnover Survey for August.

1:20 p.m. ET: Bank of Canada Deputy Governor Toni Gravelle speaks at a fireside chat at the Bloomberg Canadian Finance Conference in New York.

Data that will be released tomorrow include:

China PMI

Japan retail sales and industrial production

Germany unemployment, retail sales and CPI

8:15 a.m. ET: U.S. ADP national employment for September.

8:30 a.m. ET: U.S. personal spending and income for August. The Street is projecting month-over-month gains of 0.9 per cent and 0.5 per cent, respectively.