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TSX Eyes Gains as Trump-Xi Summit Looms and Oil Steadies Near $95

Canadian Money Brief · Monday, May 11, 2026 Canadian equities are set for a cautious but constructive open this Monday as investors balance a packed macro calendar against an energy sector still reeling from one of its most volatile weeks in recent memory. TSX at a Glance The S&P/TSX Composite closed Friday at 34,077.76 , up 221 points (+0.65%) to cap a week dominated by whipsaw oil moves and a fragile Middle East ceasefire. The energy sector has led TSX gains over the past seven days — up roughly 5% — even as WTI crude fell about 7% on the week, settling near $95.42 per barrel . That apparent contradiction reflects Canadian producers' longer-term optimism on supply tightness rather than any single day's price swing. For the year, the TSX is up approximately 35%, outpacing most major global benchmarks. The Big Story: Trump Heads to Beijing All eyes this week will be on Washington and Beijing. President Donald Trump is scheduled to arrive in China on Wednesday , with formal ...
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Title: Escalation in the West Bank: Israeli Settlers Attack Palestinian Towns and Clash with Military


In a recent surge of violence, Israeli settlers attacked two Palestinian towns and clashed with their own military forces in the West Bank. The incidents occurred early Wednesday, following attempts by Israeli police to dismantle an illegal settler outpost in the occupied territory.

According to reports, settlers set fire to property and hurled stones in the towns of Huwara and Beit Furik. Palestinian officials confirmed that one house and two cars were set ablaze in Huwara, a town near Nablus that has previously been targeted by radical settlers. In Beit Furik, settlers torched another property, escalating tensions in the region.

The Israeli military condemned the violence, stating that a group of settlers had confronted both its forces and the police. The military emphasized its strong stance against any form of violence directed at its personnel. The Shin Bet domestic intelligence service and police arrested eight individuals for assaulting security forces and damaging property.

The Palestinian president's office condemned the attacks, highlighting that there had been around 30 settler attacks in the Nablus area within the past month. Spokesman Nabil Abu Rudeineh called on the United States to intervene to prevent further escalation.

This incident is part of a broader surge in violence across the West Bank since the October 7, 2023, attack by Hamas militants on southern Israel, which triggered a wider conflict involving multiple fronts. The United Nations reports that over 700,000 Israeli settlers now live among 3 million Palestinians in the West Bank and East Jerusalem, territories captured by Israel in 1967.


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