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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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Radar Glitch Grounds UK Flights, Sparks Nationwide Disruption

 

                                         Members of the public wait in the arrivals hall at Terminal 5 of Heathrow                                                 Airport in London

A technical failure at the National Air Traffic Services (NATS) Swanwick control centre caused widespread flight disruptions across the UK on Wednesday, July 30, 2025. Major airports including Heathrow, Gatwick, Edinburgh, and Birmingham were affected, with outbound flights temporarily grounded as engineers scrambled to resolve the issue.

The radar malfunction led to a shutdown of London’s airspace, forcing aircraft into holding patterns and delaying thousands of passengers. Although the system was restored later in the day, airlines warned that delays would persist into the evening as they worked to clear the backlog.

This incident echoes a similar outage in August 2023, which cost airlines over £100 million in compensation and refunds. Critics have called for improved contingency planning, citing the recurring nature of such failures.

Passengers are advised to check with their airlines for updated flight information as operations gradually return to normal.

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