The S&P/TSX edged up to close at 27,923 on Monday as investors avoided large directional bets ahead of Tuesday’s Canadian CPI release and the Jackson Hole symposium starting Friday. Markets are focused on Fed Chair Jerome Powell’s remarks and the Fed minutes as odds of a September cut have risen, while the domestic inflation print will be parsed for clues that could alter the Bank of Canada’s policy path. Geopolitically President Trump signaled that Ukraine should abandon hopes of reclaiming annexed Crimea or joining NATO, a stance that aligns him more with Moscow’s approach to a negotiated settlement. On the sector level Shopify rose 1.1%, Thomson Reuters added 0.9% and Manulife gained 0.7% to lead gains, while gold-related names Wheaton Precious and Franco-Nevada slipped more than 0.7% and heavyweight Canadian Pacific Railway fell 0.9%.