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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 and Netanyahu Plan White House Meeting Amid Gaza Talks

                                            sraeli Prime Minister Benjamin Netanyahu

US President Donald Trump has extended an invitation to Israeli Prime Minister Benjamin Netanyahu to visit the White House “in the near future,” according to a statement from Netanyahu’s office. The announcement followed a phone call between the two leaders on Monday, during which they discussed regional security and ongoing efforts to stabilize Gaza.

During the conversation, Trump and Netanyahu emphasized the importance of dismantling Hamas’s military capabilities and demilitarizing the Gaza Strip, while also highlighting the need to expand existing peace agreements across the region. The invitation marks Netanyahu’s fifth trip to Washington since Trump returned to office in January 2025, underscoring the close—though sometimes strained—relationship between the two leaders.

The timing of the invitation comes shortly after Trump publicly urged Israel to maintain a “strong and true dialogue” with Syria, cautioning against actions that could destabilize the country’s fragile new leadership. Trump has also been pushing a broader peace plan in Gaza, which has seen a ceasefire in place since October, though tensions remain with reports of truce violations.

Netanyahu’s upcoming visit is expected to focus on regional peace initiatives, Gaza’s future, and Israel’s relations with neighboring states. While both leaders have projected unity, reports suggest Trump has occasionally expressed frustration with Netanyahu, adding a layer of complexity to their alliance.

This meeting could serve as a pivotal moment in shaping US-Israel cooperation on Middle East security, particularly as both sides navigate the challenges of Gaza and Syria.


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