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Market Impact: 0.5

Canadian Market May Open With Negative Bias

InflationInterest Rates & YieldsEnergy Markets & PricesGeopolitics & WarMarket Technicals & Flows

Stocks are expected to open lower on Bay Street due to renewed inflation/interest-rate fears, with oil up sharply after the U.S. launched fresh strikes against Iran and Iran retaliated by attacking Gulf Arab states. The escalation raises the risk of further energy-price pressure, which can keep rate expectations elevated.

Analysis

Stocks are expected to open lower on Bay Street due to renewed inflation/interest-rate fears, with oil up sharply after the U.S. launched fresh strikes against Iran and Iran retaliated by attacking Gulf Arab states. The escalation raises the risk of further energy-price pressure, which can keep rate expectations elevated.

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Market Sentiment

Overall Sentiment

mildly negative

Sentiment Score

-0.25