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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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Netanyahu Hails "Historic Victory," Vows Continued Campaign Against Iran and Hamas

Israeli Prime Minister Benjamin Netanyahu has declared what he called a “historic victory” following a 12-day conflict with Iran, asserting that Israel has successfully dismantled Tehran’s nuclear capabilities and neutralized major missile threats. In a video address, Netanyahu stated, “We have removed two immediate existential threats to us—the threat of nuclear annihilation and the threat of annihilation by 20,000 ballistic missiles”.

The Prime Minister credited U.S. President Donald Trump for his unprecedented support, highlighting American military strikes that reportedly destroyed Iran’s underground enrichment facility at Fordow. Netanyahu emphasized that Israel would act with the same “determination and strength” if Iran attempted to revive its nuclear program.

Despite the ceasefire, Netanyahu made it clear that Israel’s campaign is far from over. He reaffirmed his commitment to defeating Hamas and securing the release of hostages still held in Gaza since the October 2023 attacks.

The announcement has drawn mixed reactions globally, with some praising the strategic success and others raising concerns about the long-term implications for regional stability.

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