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TSX Steadies After Bond Rout | Canadian Money Brief — May 19, 2026

  TSX Steadies After Bond Rout — But Iran Uncertainty Keeps a Lid on Gains Canadian equities attempt a cautious bounce this morning after last week's sharp sell-off. Oil near US$100 props up energy shares, while gold cools in Canadian-dollar terms and the loonie holds a fragile grip at 72–73 cents US. Canadian Money Brief  ·  moneysavings.ca  ·  May 19, 2026 TSX ~34,020 ▲ Recovering CAD/USD $0.727 → Flat WTI Oil ~US$100 ▲ Elevated Gold (CAD) ~$6,243/oz ▼ Pullback BoC Rate On Hold → Patient Overview Canadian markets opened cautiously higher this Tuesday after the S&P/TSX Composite suffered its worst single-session drop in weeks on Friday, closing at 33,833 — a decline of 1.27% — as a global bond-market selloff combined with stalled US–Iran negotiations hammered sentiment. Today's session opened around 34,027 , with the index trading in a tight range of roughly 33,745 to 34,175, suggesting investors are rebuilding positions but remain wary. The dominant story...
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Turkey Blocks Instagram Access Over Hamas Chief Post Removal

 

In a significant move, Turkey’s communications authority has blocked access to Instagram, reportedly in response to the platform’s removal of posts related to Hamas political leader Ismail Haniyeh. The Information and Communication Technologies Authority (ICTA) announced the block on Friday, though no official reason was provided.

According to local media, the block came after Instagram removed posts by Turkish users expressing condolences for Haniyeh, who was recently killed. This action follows criticism from Fahrettin Altun, the presidential communications director, who condemned Instagram for censoring messages of sympathy for Haniyeh.

Turkey, which does not classify Hamas as a terrorist organization, has a history of censoring social media platforms. The country is observing a day of mourning for Haniyeh, with flags flown at half-staff. This incident highlights ongoing tensions between Turkey and social media companies over content regulation and freedom of expression.


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