Italy’s Economy Outpaces Eurozone Peers as Investment Spending Fuels Growth 
Asian Stocks Surge as Oil Prices Fall and Strong US Dollar Weighs on Markets 
Japan Signals Readiness to Intervene as USD/JPY Nears 161 Amid Yen Weakness 
Asian Currencies Steady as Dollar Holds Firm Ahead of Fed Decision and US-Iran Deal Details 
Yen Near 40-Year Lows Despite BOJ Rate Hike, Markets Brace for Possible Intervention 
BOJ Signals More Rate Hikes as Inflation Risks Rise Amid Energy Price Pressures 
Japan Inflation Stays Below BOJ Target Despite Rate Hike and Rising Energy Cost Risks 
US Stock Futures Jump on Reports of Preliminary US-Iran Peace Deal Despite Fed’s Hawkish Outlook 
Trump Questions USMCA Renewal as Trade Talks Continue 
Gold Prices Rebound on U.S.-Iran Peace Deal Optimism Despite Fed Rate Hike Signals 
Trump Says No Hormuz Strait Tolls During 60-Day Iran Ceasefire 
Asian Stocks Rally as Japan and South Korea Reach Record Highs on US-Iran Peace Deal 
Canada, British Columbia Launch $5 Billion Infrastructure Partnership to Boost Housing, Transit, and Healthcare 
German Industry Employment Falls to Lowest Level in a Decade 
Australia Eases Capital Gains Tax Reforms to Support Small Businesses and Startups 
Oil Prices Steady as U.S.-Iran Truce Uncertainty and Middle East Tensions Keep Markets on Edge 
Oil Prices Drop as U.S.-Iran Peace Deal Eases Supply Concerns 
Canadian stocks finished higher at the close of trading on Monday, driven by strong gains in the Materials, Energy, and Consumer Staples sectors, pushing the benchmark S&P/TSX Composite Index to a fresh all-time high. The Toronto market showed resilience despite mixed global cues, with investors focusing on commodity strength and selective stock momentum.
By the end of the session, the S&P/TSX Composite Index rose 0.15%, extending its record-breaking run. Gains were led primarily by mining and resource-related stocks, supported by a sharp rise in gold prices and stable energy markets. Market breadth was mixed, as declining stocks slightly outnumbered advancing ones on the Toronto Stock Exchange, highlighting selective buying rather than broad-based optimism.
IAMGold Corporation emerged as the top performer on the TSX, surging 9.73% to close at 26.28, marking a new all-time high. G Mining Ventures Corp also posted strong gains, climbing 5.47% to 43.17, while Silvercorp Metals Inc advanced 5.21% to 16.56, also reaching a record level. These gains reflected renewed investor interest in precious metals stocks amid rising gold futures.
On the downside, Bitfarms Ltd fell 5.58% to 3.89, weighing on the technology and crypto-related segment. Open Text Corp declined 4.05% to 40.32, while goeasy Ltd dropped 3.92% to close at 129.03, making them among the session’s weakest performers.
Market volatility increased notably, with the S&P/TSX 60 VIX jumping 16.21% to 15.13, its highest level in a month, suggesting growing short-term uncertainty among investors.
In commodities, gold futures for February delivery surged 1.77% to $4,676.70 per troy ounce, providing strong support to mining stocks. Crude oil prices were marginally higher, with WTI crude at $59.43 a barrel and Brent crude at $64.16. In currency markets, the Canadian dollar was largely unchanged against both the U.S. dollar and the euro, while the U.S. Dollar Index Futures slipped 0.35%, adding further support to commodity prices.
Overall, the Canadian stock market ended the session on a positive note, underpinned by strong commodity performance and selective investor optimism.
