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Market Impact: 0.2

Bay Street Seen Opening Higher

Geopolitics & WarCommodities & Raw MaterialsEnergy Markets & PricesMarket Technicals & FlowsInvestor Sentiment & Positioning

Canadian shares were set to open higher, tracking steady European markets and gains in precious metals. A Washington Post report that the Trump administration is willing to end U.S. military operations against Iran (even with Strait of Hormuz concerns) eases geopolitical risk and could modestly support commodity-exposed and cyclical Canadian stocks.

Analysis

Canadian shares were set to open higher, tracking steady European markets and gains in precious metals. A Washington Post report that the Trump administration is willing to end U.S. military operations against Iran (even with Strait of Hormuz concerns) eases geopolitical risk and could modestly support commodity-exposed and cyclical Canadian stocks.

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Market Sentiment

Overall Sentiment

mildly positive

Sentiment Score

0.15