5 Things to Know Today — June 24, 2026
Your quick Canadian personal finance briefing — markets, rates, inflation & more. 1 | Markets TSX Under Pressure Mid-Week as Base Metals and Tech Slide X Composite is tracking lower Tuesday, weighed down by losses in the base metals and technology sectors. The index had bounced back Monday, closing at 35,002 — up 0.4% — as investors assessed progress in U.S.-Iran peace talks and Canada's May inflation print. Oil prices eased on hopes that Strait of Hormuz shipping lanes could gradually reopen, providing some relief on the energy-inflation front. Banking stocks remain a relative bright spot after last week's regulatory capital news (see #4 below), with RBC and BMO each posting gains of more than 1% earlier in the week. 2 | Inflation May CPI Climbs to 3.2% — But Core Inflation Stays Tame Canada's annual inflation rate rose to 3.2% in May , up from 2.8% in April and above the market consensus of 3.0% — the highest headline reading since September 2023. Ga...
Comments
Post a Comment