The Canadian Index

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Bar chart comparing weekly percentage changes in Brent crude, the Canadian dollar, the TSX and gold for July 6 to 10, 2026.

This scorecard tracks four major Canadian-relevant assets over the week ending July 10, as Iran's strikes on four countries widened the war further than at any point since it began. Oil rose and the Canadian dollar strengthened on a stronger-than-expected June jobs report, while the TSX held near its highs. Gold fell despite the escalation, as traders leaned into rising odds of a Federal Reserve rate hike, which typically weighs on non-yielding assets more than geopolitical risk lifts them.

This chart is presented for general informational purposes only and does not constitute financial, investment, tax, or legal advice. Figures reflect the source and period indicated and may no longer be current.

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Line chart showing Brent crude oil prices from February to July 2026, spiking during the war then partially unwinding.

Brent crude closed the week at $76.01, up about 5 percent, after Iran struck Bahrain, Kuwait, Qatar and Jordan in a single day, the widest…

Brent crude gains 5% as Iran strikes widen war to four countries

July 11, 2026

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Line chart tracking the S&P/TSX Composite through July's ceasefire collapse, near-record rally, and late-month pullback to a 35,226 close.

The S&P/TSX Composite closed July at 35,226, up 1.06% for the month, a modest headline figure that conceals sharp intra-month swings.

S&P/TSX Composite closes July up 1.06% after a volatile month

July 31, 2026

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Line chart comparing Brent and WTI crude oil prices through July's four-leg rally to $85.47.

Brent and WTI crude both surged in July, with WTI ending the month at $85.47, up 23.0%, after round-tripping from a five-month low near $68.74.

WTI and Brent crude surge in July as the Iran ceasefire collapses

July 31, 2026

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Line chart showing Brent crude climbing 5.1 percent over the week to 87.84 dollars a barrel as the Iran conflict and naval blockade escalated.

Brent crude rose 5.1% over the week to $87.84 a barrel as an escalating Iran conflict pushed oil back toward its earlier highs.

The TSX and Gold Both Set Records This Week. That Should Not Happen Together.

August 15, 2026

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Bar chart comparing six assets' weekly gains, showing energy markets rising roughly five times faster than equities or the Canadian dollar.

Six major assets all finished the week higher, but energy markets moved roughly five times faster than equities or the Canadian dollar.

The TSX and Gold Both Set Records This Week. That Should Not Happen Together.

August 15, 2026

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Line chart of WTI crude oil's daily closes from mid-June to July 31, rising to $85.47 after Hormuz tanker strikes.

WTI crude closed at $85.47 Friday, up 2.3% on the day, capping a volatile seven-week stretch.

WTI crude closes at $85.47 after tanker strikes near the Strait of Hormuz

August 1, 2026

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