Canada: TSX Falls on Mining Losses.

The S&P/TSX Composite fell 0.8% to close at 36,170 on Tuesday, weighed down by losses in the mining sector. Miners posted sharp losses as gold prices tumbled on hotter-than-expected US inflation and hawkish remarks from Federal Reserve officials. Agnico Eagle fell 4.5%, Barrick tumbled 5.6%, WPM dropped 4.4%, and Franco-Nevada shed 2.5%. Equinox Gold tumbled 6.2% as adjusted Q3 EPS fell short of expectations, and Endeavour Silver lost 2.8% after narrowing its full-year gold production guidance. Meanwhile, oil prices extended losses as investors increasingly anticipated a diplomatic resolution to the US-Iran conflict. Lower energy prices provided some relief to credit-sensitive sectors: Great-West Lifeco rose 2.7% and Fairfax Financial added 2.5%. iA Financial rose 1.5% after beating EPS estimates and raising its quarterly common dividend. Still, most major banks edged lower. Elsewhere, Hydro One gained 0.6% despite missing EPS expectations.