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Canadian Stocks Advance After Trump Announces U.S.-Iran Deal Signing By This Weekend

Geopolitics & WarMarket Technicals & FlowsInvestor Sentiment & PositioningEnergy Markets & Prices

Canadian stocks rose on Friday, extending the prior session’s gains as investors grew more optimistic after President Trump said a U.S.-Iran peace agreement could be signed this weekend and the Strait of Hormuz may reopen. The move reflects easing geopolitical risk and improved risk appetite, with potential downside pressure on oil-related volatility if Middle East tensions continue to de-escalate.

Analysis

Canadian stocks rose on Friday, extending the prior session’s gains as investors grew more optimistic after President Trump said a U.S.-Iran peace agreement could be signed this weekend and the Strait of Hormuz may reopen. The move reflects easing geopolitical risk and improved risk appetite, with potential downside pressure on oil-related volatility if Middle East tensions continue to de-escalate.

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