Materials stocks led a rebound Wednesday even as the Iran conflict widened, and the index remains within striking distance of the record it set three weeks ago.

China alone is now taking more than 200,000 barrels a day of Canadian crude as Gulf supply risk mounts, and Trans Mountain has nowhere left to put the rest of the demand it is attracting.

A safe haven story investors have relied on for months is not holding up against this week's escalation, and the data shows exactly where the mechanism broke down.

A hawkish hold moved the loonie by six hundredths of a cent. Gold, silver and the TSX miners moved on something else entirely: a second wave of US strikes on Iran and Iranian retaliation across the region.

Brent has risen 4.5% in two sessions after the U.S. struck Iranian positions accused of preparing to mine the strait itself, not just harass shipping, and that distinction matters for how far the Canadian energy trade can run.

Oil-linked strength wasn't enough to save Monday's session, and futures point to more pressure Tuesday as the Strait of Hormuz conflict resumes and US rate-hike odds climb.

Monday's tanker attacks and the first direct US-Iran exchange in a month reopen a risk premium markets spent August pricing away. The mechanism runs straight through Canadian energy, the loonie, and tomorrow's Bank of Canada decision.

New retirement research shows younger investors abandon markets at the highest rate, just as a fresh Hormuz escalation tests every portfolio's nerve.

Gold fell as the U.S. and Iran exchanged strikes over the Strait of Hormuz on Monday, a break from precedent that says rate expectations, not geopolitics, are now driving cross-asset pricing into the Bank of Canada's Wednesday decision.

Friday's close at 36,553.92 marked a third straight down session from the August 25 record. Monday's session opens with oil up more than 3% on the weekend's Iran-US exchange, a direct reversal of what pulled energy names lower Friday.

WTI jumped over 3% Monday after the first American strike on Iranian territory in a month. Gold barely moved. That gap tells Canadian portfolios exactly what kind of shock this is, and what it is not.

A hold at 2.25% is the consensus call for September 2. The weekend's US-Iran exchange revives the same energy-price mechanism that pushed headline inflation to a war-era peak in May.

The weekend's first US-Iran military exchange in a month caught portfolios positioned for calm. Kahneman and Tversky mapped exactly why quiet weeks make the next shock feel unprecedented.

The TSX fell for a second session Thursday, giving back part of Tuesday's record close as a rebound in oil revived inflation concerns even as most big banks beat estimates.

Constructive Oman-Iran talks pushed oil to a one-month low this week. A new US-Iran exchange over sanctions erased the move within two days.

A cross-desk read of Thursday’s close shows Canada’s currency reacting to Ottawa’s tariff fight with Washington, not to the easing Strait of Hormuz premium that pulled crude lower.