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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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Prince Andrew Renounces Duke of York Title Amid Epstein Scandal

As well as no longer being known as the Duke of York, the UK's Prince Andrew will also give up other titles.

Britain’s Prince Andrew has formally relinquished his title of Duke of York and all associated royal honours after discussions with King Charles III. The move comes amid ongoing scrutiny of his ties to the late American financier and convicted sex offender Jeffrey Epstein.

In a statement released by Buckingham Palace, Andrew acknowledged that “the continued accusations about me distract from the work of His Majesty and the Royal Family.” He emphasized that the decision was made in consultation with the King and other family members, adding that he would no longer use his titles or honours.

Although he will retain the title of “Prince” by birthright, Andrew has now stepped further away from public life, having already withdrawn from royal duties in 2019. He continues to deny all allegations connected to Epstein but said he wished to prioritize his duty to family and country over personal standing.

The announcement marks one of the most significant steps yet in the royal family’s efforts to distance itself from the scandal, underscoring the lasting impact of Andrew’s association with Epstein.


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