TSX Climbs Nearly 1% on US-Iran Peace Deal Optimism

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Published: 43 minutes ago

The Canadian TSX index gained nearly 1% Monday as stocks rallied across multiple sectors. Strong buying emerged on growing hopes that the US and Iran will reach a peace agreement that could reopen the Strait of Hormuz. CAD could strengthen on risk-on sentiment and potential oil supply stability. The peace deal optimism reduces geopolitical risk premiums, supporting commodity currencies like the Canadian dollar against safe havens.

Nothing to see yet 😢