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TSX Edges Lower as Oil Prices Rise on US-Iran Tensions
The S&P/TSX Composite Index slipped on Tuesday as fading expectations for a US–Iran peace agreement boosted oil prices and dampened risk appetite. Crude advanced after renewed tensions between Washington...
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Ibovespa Falls as Petrobras Earnings Disappoint
The Ibovespa slipped below 181,500 on Tuesday, weighed down by disappointing results from Petrobras. Shares of the state-controlled oil major fell around 2% after it reported a 7.2% year-on-year drop...
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Oil Extends Gains Amid Ceasefire Doubts
WTI crude oil futures surged nearly 4% to around $102 per barrel on Tuesday, building on a 2.8% increase in the previous session, as mounting concerns emerged that disruptions...
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US Stocks Fall from Records
US equities retreated from record highs on Tuesday after a hotter-than-expected April CPI report deepened concerns that rising energy costs could weigh on corporate earnings. The Nasdaq fell more than...
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Gold Dips Amid Middle East Tensions and Inflation Pressures
Gold slipped below $4,710 an ounce on Tuesday, pressured by mounting uncertainty in the Middle East and the prolonged closure of the Strait of Hormuz. The disruption has driven...
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U.S. Redbook Index Signals Stronger Retail Momentum with 9.6% Annual Gain
U.S. retail chains saw a notable acceleration in sales growth, according to the latest Redbook Index update released on 12 May 2026. Year-over-year sales rose 9.6%, up from a 7.8%...
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TSX Futures Slip as US-Iran Peace Hopes Fade
Futures linked to the S&P/TSX Composite Index slipped on Tuesday, as fading prospects for a US-Iran peace deal pushed oil prices higher and dampened global risk appetite. Crude advanced after...
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Treasury Yields Approach June Highs Again
The yield on the US 10-year Treasury note held above 4.4% on Tuesday, hovering near the highs last seen in March, as persistent tensions in the Middle East and rising...
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US Futures Hold Pullback
US equity futures extended their decline after a hotter‑than‑expected April CPI report reinforced worries that rising energy costs could weigh directly and indirectly on corporate earnings. Futures on the S&P...
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Mexico Industrial Output Falls in March
Mexico’s industrial production fell 1.3% year-over-year in March 2026, the same decline as in February and slightly better than market expectations for a 1.5% contraction. The construction sector remained...