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Market Impact: 0.22

Bay Street Likely To Open On Cautious Note

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Canadian markets are expected to open cautiously as investors digest optimism around a US-Iran peace agreement alongside weak crude oil prices and subdued bullion trading. The note points to a defensive, risk-aware tone rather than a major macro shift, with the main pressure coming from softer energy and precious metals markets.

Analysis

Canadian markets are expected to open cautiously as investors digest optimism around a US-Iran peace agreement alongside weak crude oil prices and subdued bullion trading. The note points to a defensive, risk-aware tone rather than a major macro shift, with the main pressure coming from softer energy and precious metals markets.

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Market Sentiment

Overall Sentiment

mildly negative

Sentiment Score

-0.15