活动指南：中国银行货币政策声明（2025年7月）。中国银行的决定可能会为Loonie定下基调，因为市场正在应对棘手的通货膨胀和有弹性的就业市场。市场对此次活动有何期待？

Event Guide: BOC Monetary Policy Statement (July 2025).BOC's decision could set the tone for the Loonie as markets juggle sticky inflation and a resilient job market. What are markets expecting from the event anyway?

标准普尔/多伦多证交所综合指数周一下跌0.3%，收于27405点，从上一交易日创下的历史新高回落，因为投资者评估了持续的全球贸易不确定性对经济增长的影响。加拿大股市从周末宣布的美欧贸易协定中获得了一些支持，该协定缓解了对更高关税的担忧，并为北美市场提供了适度提振。金融股领跌，加拿大皇家银行下跌1%，道明银行下跌0.8%，蒙特利尔银行下跌1.1%。Agnico Eagle Mines也下跌2.3%，因贵金属和贱金属价格在即将发布的收益报告前走软。相比之下，科技股受益于风险情绪的改善，Shopify上涨1.8%。与此同时，Enbridge在本周晚些时候发布财报之前几乎没有变化。

The S&P/TSX Composite dipped 0.3% to close at the 27,405 level on Monday, pulling back from the record high close marked the previous session as investors assessed the impact of ongoing global trade uncertainties on economic growth. Canadian equities found some support from the US-EU trade agreement announced over the weekend, which eased concerns over steeper tariffs and provided a modest boost to North American markets. Financial stocks led the decline, with RBC down 1%, TD Bank off 0.8%, and BMO losing 1.1%. Agnico Eagle Mines also dropped 2.3% as precious and base metal prices softened ahead of its upcoming earnings report. In contrast, tech shares benefited from improved risk sentiment, with Shopify rising 1.8%. Meanwhile, Enbridge was little changed ahead of its own earnings release later this week.

加拿大总理卡尼：与美国的贸易谈判正处于紧张阶段。加拿大总理卡尼就与美国的艰难贸易谈判发表讲话：与美国的贸易谈判正处于紧张阶段。与美国的任何贸易协议都必须对加拿大公平。

Canada PM Carney: Trade talks with the US are at an intense phase.Canadian Prime Minister Carney is speaking on the tough trade talks with the US : Trade talks with US are at an intense phase. Any trade deal with US must be on fair terms for Canada.

周一，加拿大标准普尔/多伦多证交所综合指数相对接近持平，距离前一交易日的历史高点不远，因为市场继续评估全球贸易流动的不确定性可能如何威胁增长。多伦多交易所的股票在周末得到了美国和欧盟之间贸易协议的一些支持，阻止了美国威胁其贸易伙伴的更激进的征税率，并支持了北美市场。科技巨头受益于风险情绪的改善，使Shopify上涨了2.5%以上。反过来，主要金融公司落后，加拿大皇家银行、道明银行和BAM均徘徊在亏损状态。此外，在本周收益公布之前，由于贵金属和贱金属价格回落，Agnico Eagle Mines下跌了2%。同样在加拿大的主要股票中，Enbridge在本周业绩公布前交易持平。

Canada's S&P/TSX Composite was relatively close to the flatline on Monday, not too far from the record high close in the previous session as markets continued to assess how uncertain global trade flows may threaten growth. Equities in the Toronto Exchange received some support from the trade deal between the US and the EU over the weekend, preventing the more aggressive levy rates that the US had threatened its trading partners and supporting North American markets. Tech giants benefited from the improvement in risk sentiment, lifting Shopify by over 2.5%. In turn, major financial companies lagged with RBC, TD Bank, and BAM all hovering in the red. Also, Agnico Eagle Mines dropped 2% amid the pullback for precious and base metal prices ahead of its earnings release this week. Also among the major stocks in Canada, Enbridge traded flat ahead of its results this week.