Canadian Stocks Rise by Most in a Year on Hopes War Almost Over

Canadian equities are poised for their most exuberant trading session in nearly a year after reports that Iran's president is ready to end the war. The development is driving a sharp risk-on move that should lift cyclicals and reduce oil risk premia, producing broad market upside and heightened volatility in energy and commodity-linked names.

Analysis

Canadian equities are poised for their most exuberant trading session in nearly a year after reports that Iran's president is ready to end the war. The development is driving a sharp risk-on move that should lift cyclicals and reduce oil risk premia, producing broad market upside and heightened volatility in energy and commodity-linked names.