The Canadian Index

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Line chart of the TSX, an energy ETF and a gold miners ETF rebased to 100 on September 14, 2026.

One U.S. inflation report split the Canadian index on Wednesday. The gold miners ETF fell 4.2% while the energy ETF finished a cent higher, after a 3.7% U.S. CPI print roughly doubled the odds of a Federal Reserve hike at its October 27 to 28 meeting. Gold miners respond to rate expectations, while energy follows oil. The shaded band marks the tanker attacks Reuters counted from September 28 to October 5.

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 of the USD/CAD exchange rate from September 14 to October 14, 2026, with the September 16 level marked.

The Canadian dollar has weakened against the U.S.

USD/CAD Exchange Rate, September 14 to October 14, 2026

October 14, 2026

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Line chart of Brent crude, the S&P/TSX Composite and gold futures rebased to 100 at the August 31 close.

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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Line chart of Government of Canada 2-year, 5-year and 10-year benchmark yields, August 31 to September 29, 2026.

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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Line chart of the S&P/TSX Composite daily close for September 2026, with a shaded slide and a dashed line at the August 25 record.

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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Bar chart of percentage moves in crude oil, gold, silver, TSX sectors and the Canadian dollar on September 23, 2026.

Brent crude jumped on September 23, 2026, yet the Canadian dollar weakened for a third session as rising US rate expectations outweighed oil.

Brent Jumps While the Canadian Dollar and TSX Fall in the September 23 Session

September 23, 2026

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Line chart of S&P/TSX Composite daily closes from August 20 to September 23, 2026, ending with a sharp drop.

The S&P/TSX Composite fell on September 23, 2026, even as crude oil rallied, because losses in gold miners outweighed modest gains in energy stocks.

TSX Composite Falls Despite an Oil Rally as Gold Stocks Slide

September 23, 2026

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