Canadian stocks tumbled as delays in the scheduled U.S.-Iran peace talks raised escalation concerns, with the two-week ceasefire in the ongoing Gulf war set to expire tomorrow night. The news points to a sharp rise in geopolitical risk and a risk-off move across markets, with potential spillover into equities and energy prices.
Canadian stocks tumbled as delays in the scheduled U.S.-Iran peace talks raised escalation concerns, with the two-week ceasefire in the ongoing Gulf war set to expire tomorrow night. The news points to a sharp rise in geopolitical risk and a risk-off move across markets, with potential spillover into equities and energy prices.
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strongly negative
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