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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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Khamenei Rebukes Trump’s Claim of Destroying Iran’s Nuclear Program

An Iranian missile system is displayed next to a banner with a picture of Iran's Supreme Leader Ayatollah Ali Khamenei during Iranian Defence Week, in a street in Tehran

Iran’s Supreme Leader Ayatollah Ali Khamenei dismissed U.S. President Donald Trump’s recent assertion that American strikes had destroyed Iran’s nuclear capabilities. Speaking in Tehran, Khamenei mocked Trump’s remarks, saying, “The U.S. president proudly says they bombed and destroyed Iran's nuclear industry. Very well, keep dreaming!”

The comments came after Trump reiterated that U.S. and Israeli strikes earlier this year had “obliterated” key Iranian nuclear facilities. While Washington and Tel Aviv have claimed success in crippling Iran’s nuclear infrastructure, Tehran insists its program remains intact and operational.

Khamenei also questioned Washington’s authority to dictate whether Iran should possess nuclear technology, framing the issue as one of sovereignty and national rights.

The exchange underscores the deepening hostility between Tehran and Washington, with both sides trading sharp rhetoric following months of military escalation and failed diplomatic overtures.


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