Canada’s TSX climbed 181 points to 32,794.19, setting a fresh record high after Friday’s 32,612.93 close. The gain, the biggest in a month‑and‑a‑half, was driven by a rally in commodities and a spike in oil prices, while employment data signaled resilience in the Canadian economy. Investors now eye a busy week that will feature the release of U.S. inflation figures and a slate of key bank earnings.

Across the pond, U.S. stocks slipped as uncertainty over the Federal Reserve’s independence grew. The Justice Department opened a criminal probe into Jerome Powell’s testimony about a $2.5 billion renovation of the Fed’s Washington headquarters. Powell’s comments underscored the political pressure on the central bank, a concern amplified by Donald Trump’s calls for rate cuts and a proposed 10 % cap on credit‑card rates.

Meanwhile, gold surged to a record $4,601.17 an ounce amid unrest in Iran and a weaker dollar, while oil slipped slightly after protests threatened supply. The week ahead will see the CPI release, producer‑price data, and the first earnings reports from JPMorgan Chase, Bank of New York Mellon, Bank of America, Wells Fargo, and Citigroup.