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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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Trump Urges Israel to Halt Gaza Strikes as Hamas Signals Willingness for Peace

People, take part in a demonstration demanding the immediate release of all hostages and the end of war in Gaza, in Tel Aviv, Israel

President Donald Trump has called on Israel to immediately stop its bombing campaign in Gaza, citing Hamas’ partial acceptance of a U.S.-brokered peace plan. The move comes after Hamas announced it was prepared to release hostages and accept several elements of Trump’s 20-point proposal aimed at ending nearly two years of conflict.

Writing on his Truth Social platform, Trump declared that Hamas was “ready for a lasting PEACE” and insisted that Israel must halt airstrikes to allow for the safe release of hostages. Israeli Prime Minister Benjamin Netanyahu’s office confirmed that preparations were underway for the first stage of the plan, which includes the release of Israeli captives.

Despite Trump’s appeal, reports from Gaza indicated that Israeli strikes continued shortly after the announcement, with casualties reported in Gaza City and Khan Younis. The situation highlights the fragile nature of the negotiations, as Hamas has not agreed to disarm and insists that some aspects of the plan require broader Palestinian consensus.

International leaders, including UK Prime Minister Keir Starmer, described Hamas’ response as a “significant step forward” and urged all parties to seize the opportunity for peace. Still, with deep mistrust on both sides and ongoing military activity, the path to a lasting ceasefire remains uncertain.


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