Monthly market snapshot

Monthly Overview. March proved to be a notable turning point for global markets. Early optimism gave way to heightened volatility, with geopolitical risks overtaking economic fundamentals as the key market driver. A sharp escalation in the U.S.–Iran conflict forced investors to quickly reassess risk. Rising energy prices revived near term inflation concerns, pushed Treasury yields higher and sparked a broad selloff across risk assets.

Monthly Overview.  Equity markets were mixed in February amid growing geopolitical tensions in the Middle East, which heightened concerns about possible disruptions to global oil supply routes. Canada’s main stock index rose, primarily fueled by gains in the energy and materials sectors. Significant exposure to commodities allowed the Canadian market to outperform despite rising global volatility towards the end of the month.

Monthly Overview. Stocks began 2026 on a positive note, building on the momentum from the end of 2025. In January, Canada’s main stock index rose, even though there was some turbulence at the end of the month due to falling precious metal prices. U.S. stocks also saw gains. However, political uncertainty, especially concerning fiscal policy and future economic leadership,made investors cautious. 

Monthly Overview.  In 2025, equity markets performed strongly across the board, despite a rocky start that challenged investors. Canada’s main stock index ended the year with its largest annual increase since 2009. This impressive performance was fueled by rising gold and silver prices, as geopolitical tensions significantly boosted the share price of most miners’ stocks. As well, gains were made in major financial stocks.