Skip to main content

Featured

TSX Ends April Under Pressure as BoC and Fed Hold Rates Amid Iran Tensions

April 30, 2026 | Canadian Money Brief TSX Closes Lower to End April as Central Banks Hold Firm, Oil Stays Elevated Canadian equities slipped on Wednesday, with the S&P/TSX Composite Index falling 0.8% to close at 33,318 as both the Bank of Canada and the U.S. Federal Reserve held interest rates. Rate Holds on Both Sides of the Border The BoC kept its policy rate at 2.25%, maintaining a wait-and-see approach amid ongoing US-Iran tensions that are stoking inflationary fears. South of the border, the Fed held its benchmark rate in the 3.5%–3.75% range, citing the spike in oil prices and heightened economic uncertainty from the Iran conflict. Banks Dragged, Energy Lifted The rate holds weighed on Canada's big banks. BMO was down 2%, Royal Bank of Canada fell 1.3%, and TD dropped 0.8%. Energy stocks were a bright spot, however. Canadian Natural Resources gained nearly 2% while Agnico Eagle lost nearly 3%, as gold prices softened while crude surged. Oil and OPEC+ in Focus WT...
Post a Comment
Read more

article

Labels

"How to Conquer All Things with Energy and Persistence" by Benjamin Franklin


This is a great quote by Benjamin Franklin, one of the founding fathers of the United States and a renowned polymath. He was a scientist, inventor, diplomat, writer, and statesman who embodied the spirit of energy and persistence. He made many discoveries and inventions, such as the lightning rod, bifocals, and the Franklin stove. He also helped draft the Declaration of Independence and the Constitution, and negotiated the Treaty of Paris that ended the American Revolution.

This quote reminds us that nothing is impossible if we have the will and the determination to pursue our goals. It also encourages us to overcome obstacles and challenges with courage and resilience. Energy and persistence are essential qualities for success in any field or endeavor.



Labels:

Comments

Post a Comment