September 2026
Brent was the only one of the three to finish above its starting level, while the index and gold both fell.
Brent, TSX and Gold Rebased to the August 31 Close
September 30, 2026
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The Bank of Canada held its policy rate at 2.25% for a seventh straight time, yet Canadian yields rose as United States yields surged.
Government of Canada Benchmark Yields, September 2026
September 30, 2026
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The index fell for the month even though Brent crude gained and the Strait of Hormuz stayed shut, because rising United States bond yields outweighed oil and gold.
S&P/TSX Composite Daily Close Through September 2026
September 30, 2026
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The Canadian dollar has weakened against the US dollar as US 10-year yields have risen further above Canadian ones.
US-Canada 10-Year Yield Spread and the USD/CAD Exchange Rate, August 28 to September 28, 2026
September 30, 2026
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A softer-than-expected August core PCE reading cut Federal Reserve hike odds for October 28 and pulled the three-month yield down, while the 30-year yield rose.
US Treasury Par Yields: 2-Year and 10-Year, August 28 to September 30, 2026
September 30, 2026
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The TSX has lagged the S&P 500 over the month, and most of the gap is explained by gold and materials stocks and by rising US yields.
S&P/TSX Composite Versus S&P 500, Indexed to August 31, 2026
September 30, 2026
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Iran has offered a seven-day plan to reopen the Strait of Hormuz, but Washington wants nuclear terms in the first round, and President…
Brent Crude Front-Month Futures, August 31 to September 29, 2026
September 30, 2026
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Construction and utilities offset declines in manufacturing and retail in July, leaving output flat after a gain in June.
Canada Real GDP Monthly Change, August 2025 to August 2026
September 30, 2026
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The prescribed rate is unchanged for a sixth straight quarter, and a loan made before December 31 locks that rate in for life.
CRA Prescribed Interest Rate by Quarter, Q3 2022 to Q4 2026
September 30, 2026
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The VIX is near the one-year low flagged by Cboe even though the 10-year Treasury yield has reached its highest level since mid-2007.
Cboe Volatility Index (VIX), September 10 to September 29, 2026
September 30, 2026
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Canadian yields have followed US yields higher even though the Bank of Canada has left its policy rate unchanged since the September 2 decision.
Canada and US 10-Year Government Bond Yields, August 28 to September 28, 2026
September 29, 2026
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A gold sale made on September 29 settles on October 1, and the 30-day repurchase restriction then runs through October 31.
Gold Futures and the 30-Day Repurchase Restriction After a September 29 Sale
September 29, 2026
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The index slid to its lowest close since July as a gold selloff pulled it lower and US Treasury yields climbed to levels last seen in 2007.
S&P/TSX Composite Index, August 31 to September 28, 2026
September 29, 2026
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Oil barely moved on the day Washington rejected Iran's Hormuz plan, because physical supply has been recovering and Middle East exports are at their highest since the conflict began.
WTI Crude Oil Front-Month Futures, August 31 to September 28, 2026
September 29, 2026
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Headline inflation sits at the top of the Bank of Canada's inflation control range, while core measures remain well below that ceiling, so…
Canada Consumer Price Index Inflation, Year Over Year, July 2025 to August 2026
September 29, 2026
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A net capital loss offsets gains only at the capital gains inclusion rate, so its tax value rises with the bracket of the gain it shelters.
Federal Tax Value of a $10,000 Capital Loss by Income Bracket, 2026
September 29, 2026
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Gold fell on a day when Middle East headlines worsened, which cuts against its reputation as insurance against war.
Gold Futures After the September 28 Selloff, August 28 to September 28, 2026
September 29, 2026
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The climb was gradual for most of September, with the largest one-day jump coming late in the period.
US 10-Year Treasury Yield Rises Steadily Through September
September 28, 2026
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Gold is normally bought when geopolitical risk rises, but it pays no interest and competes with government bond yields.
Gold Falls While Oil Rises as Hormuz Talks Stall
September 28, 2026
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The index gave back part of its late-August gains as US and Canadian government bond yields climbed to multi-year highs, then stabilized.
TSX Slips Over the Month as Bond Yields Spike
September 28, 2026
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Crude rallied on attacks in the Strait of Hormuz and a sharp drop in tanker crossings, a supply shock separate from the tariff dispute between Canada and the United States.
Brent Crude Rallies on Hormuz Attacks
September 28, 2026
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The Bank has paused because the core measures it prioritizes, which strip out volatile items such as gasoline and travel, sit close to its…
Bank of Canada Holds Its Rate for a Seventh Straight Decision
September 28, 2026
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The annual limit is indexed to inflation and rounded to the nearest $500 increment, so once the relevant consumer price data is published,…
TFSA Annual Limit Set to Reach $7,500 in 2027
September 28, 2026
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Consumer sentiment and the Canadian equity index have moved in opposite directions in most months of the past year.
Consumer Sentiment Falls While the TSX Rises
September 28, 2026
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