IG market analyst Kyle Rodda said this morning the CBOE put/call ratio indicated market sentiment remained bullish.

"For all the speculation and choppy price-action, positioning continues to suggest an optimistic (read: complacent) market environment," he tweeted.

"A risk-laden fortnight could put that to the test."

Metals and mining equities were collectively up 2.6% in Toronto.

Diversified miner First Quantum Minerals (TSX: FM) was up 7.9% on no news. It's due to release its third quarter results after market close next Wednesday.

Silver Bull Resources (TSX: SVB), which last week said it expected to soon finalise its agreement to acquire the Beskauga copper-gold project in Kazakhstan, closed up 13.75%.

Gold major Newmont, which is looking to set a long-term emissions target consistent with the Paris Agreement on climate change "in what would be a first for the sector", closed down 0.86% in New York.

Also in the US, copper major Freeport-McMoRan rose 2.8%.

Copper had closed up 1.8% to $6,879 per tonne on the London Metal Exchange.

Finally, the iron ore price remains just below $120/t, despite news yesterday of Vale strengthening its production.