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Market Impact: 0.7

Bay Street May Open On Weak Note

TUEMQ
Geopolitics & WarEnergy Markets & PricesMarket Technicals & Flows

Canadian markets are set for a weak start Tuesday as Middle East tensions escalate following U.S. strikes against Iran and the reimposition of a blockade on Iranian shipping through the Strait of Hormuz. The news raises near-term risk-off sentiment and could spill into energy pricing expectations, weighing on broad risk assets.

Analysis

Canadian markets are set for a weak start Tuesday as Middle East tensions escalate following U.S. strikes against Iran and the reimposition of a blockade on Iranian shipping through the Strait of Hormuz. The news raises near-term risk-off sentiment and could spill into energy pricing expectations, weighing on broad risk assets.

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Market Sentiment

Overall Sentiment

moderately negative

Sentiment Score

-0.45

Ticker Sentiment

TUEMQ0.00