Bay Street Looks Headed For Weak Start

Canadian equities are likely to open lower as weak global cues and lingering Middle East tensions weigh on risk appetite; U.S. President Trump extended a pause on strikes on Iran by 10 days. The 10-day extension eases immediate escalation risk but leaves elevated headline-driven volatility and a risk-off bias for the early session — monitor defensive sectors and intraday flows.

Analysis

Canadian equities are likely to open lower as weak global cues and lingering Middle East tensions weigh on risk appetite; U.S. President Trump extended a pause on strikes on Iran by 10 days. The 10-day extension eases immediate escalation risk but leaves elevated headline-driven volatility and a risk-off bias for the early session — monitor defensive sectors and intraday flows.