Bay Street Prepares for Mixed Open Amid Inflation Data, Iran Peace News

Bay Street is anticipated to open mixed on June 22, 2026, as investors assess upcoming inflation data and monitor developments regarding Iran peace negotiations. The Canadian market's sentiment reflects broader global uncertainty, with cautious trading expected. Market focus will be on the release of Canada's May Consumer Price Index (CPI), a critical economic indicator influencing monetary policy expectations. Concurrently, geopolitical news concerning Iran's peace prospects is influencing market direction, potentially impacting global energy prices. U.S. futures are showing mixed performance, while Asian markets largely closed lower, contributing to the cautious outlook for Canadian equities.