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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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U.S. Limits Ukraine’s Use of Long-Range Missiles Amid Push for Peace Talks

 


The Pentagon has quietly restricted Ukraine from using U.S.-supplied long-range Army Tactical Missile Systems (ATACMS) to strike targets inside Russia, according to U.S. officials cited by the Wall Street Journal.

The policy, in place since late spring, requires high-level approval from Defense Secretary Pete Hegseth before any such strikes can be carried out. On at least one occasion, Kyiv’s request to use the missiles against Russian territory was denied.

The move comes as President Donald Trump grows increasingly frustrated over the lack of progress in ending the three-year war. His administration has sought to bring Russian President Vladimir Putin and Ukrainian President Volodymyr Zelenskyy to the negotiating table, but talks have stalled.

Officials say the restrictions also apply to certain European weapons systems that rely on U.S. intelligence or components, such as the UK’s Storm Shadow cruise missile. While Trump has publicly argued that Ukraine cannot win without taking the offensive, the Pentagon’s review process remains in place, limiting Kyiv’s ability to strike deep into Russian territory.

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