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TSX Closed for Victoria Day — What Moved Markets Before the Long Weekend

  A global bond rout, stalled US-Iran talks, and a surge past US$101 oil rattled Bay Street on Friday. Here's your full catch-up. Monday, May 18, 2026   ·  Canadian Money Brief  ·   Next TSX session: Tuesday, May 19 Indicator Last Price Change As of S&P/TSX Composite 33,833 ▼ 1.27% Fri May 15 CAD / USD 0.7273 ▼ 0.24% Fri May 15 WTI Crude Oil (USD/bbl) $101.02 ▲ 4.23% Fri May 15 Gold (USD/oz) $4,483 ▼ 2.88% (wk) Fri May 15 Bitcoin (CAD) $107,789 ▲ 0.18% Fri May 15 TSX Hits 10-Day Low as Bond Rout Rattles Bay Street Canadian markets head into a long weekend on a sour note. The S&P/TSX Composite Index closed at 33,833 on Friday — down 434 points, or 1.27% — its lowest level in ten trading sessions. The sell-off was broad-based, driven by a sharp global bond market rout that pushed Canada's 10-year government bond yield to its highest level in roughly two years, and geopolitical turbulence in the Middle East that lit a fire under oil while dousin...
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Turkish President Recep Tayyip Erdogan Meets Hamas Political Leader Ismail Haniyeh in Istanbul


On Saturday, Turkish President Recep Tayyip Erdogan held a significant meeting with Ismail Haniyeh, the head of the political bureau of the Palestinian Resistance Movement Hamas. The closed-door meeting took place at the presidential office within Dolmabahçe Palace in Istanbul. During the encounter, footage released by the Turkish presidency showed Haniyeh and other Hamas leaders posing for photos with Erdogan. Additionally, the Hamas delegation engaged in discussions with the Turkish delegation.

This meeting marks the first time since October 7 that Ismail Haniyeh has met with the Turkish president, and it comes amid ongoing tensions in the region, particularly related to the Gaza war. The discussions likely centered around regional peace efforts and the situation in the Middle East.

The meeting between Erdogan and Haniyeh holds significance given the historical context and the complex geopolitical dynamics in the region. As developments unfold, the world will closely watch for any further outcomes or statements resulting from this high-level engagement.


 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 


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