Canadian Economy - MarketMinute

Gold Prices

Gold's Glitter Fades: How a Price Pullback Rattles Canada's Resource-Heavy Market

Toronto, Canada – October 21, 2025 – After a dazzling ascent that saw gold prices reach unprecedented highs throughout 2025, the precious metal experienced a notable pullback today, sending ripples of concern through global financial markets, particularly in resource-heavy economies like Canada. The S&P/TSX Composite Index (TSX: ^OSPTX), a

Canadian Economy

Canadian Inflation Surge Stalls BoC Rate Cut Bets, USD/CAD Steadies

Ottawa, Canada – October 21, 2025 – Canada's financial markets are recalibrating after a surprisingly robust inflation report for September, which saw the annual Consumer Price Index (CPI) accelerate to 2.4%. This unexpected uptick, surpassing both August's 1.9% and market forecasts of 2.3%, has significantly

S&P/TSX Composite

Canadian Commodity Sector Under Pressure as S&P/TSX Composite Dips Amidst Mixed U.S. Markets

The S&P/TSX Composite Index, Canada's benchmark stock market, has experienced a significant decline, sending ripples of concern through the nation's commodity-heavy economy. This downturn, largely attributable to the index's substantial weighting in energy and materials, signals potential headwinds for Canada'

TSX

TSX Navigates Choppy Waters: Energy Drags While Gold Shines Amid U.S. Shutdown Fears

The Toronto Stock Exchange (TSX) experienced a day of notable divergence on September 30, 2025, as the benchmark index struggled to find clear direction. While the broader S&P/TSX Composite Index closed with a modest gain, reaching a new all-time high in intraday trading before paring some advances,