Skip to main content

Featured

Kospi Plunges 5%, Oil Near $106 as TSX Reopens | Daily Markets Update Oct 13

  Canadian Money Brief • Daily Markets Update • Tuesday, October 13, 2026 Good morning. Canadians return from the long weekend to a lot of catching up. Asia's chip stocks were hammered overnight, oil is hovering near US$106 a barrel, and the loonie is sitting near its weakest level in 18 months. The TSX reopens today after Thanksgiving, and Wall Street's big banks kick off earnings season ahead of tomorrow's US inflation report. The Big Three Today 1. Kospi crashes 5.46% to 6,035 on a global chip and AI selloff 2. Brent settles at US$106.65, its highest close since Sept. 15, on attacks on Saudi Arabia 3. TSX reopens after Friday's 519-point jump on a shock jobs report; USD/CAD near 1.43 Canada: TSX Reopens After a Jobs Shock The Toronto Stock Exchange was closed Monday for Thanksgiving, so Friday's session is still the latest close, and it was a big one. The S&P/TSX Composite jumped 519.24 points (+1.48%) to 35,664.62 after Statistics Canada reported that t...
Post a Comment
Read more

article

Labels

Global Markets Maintain Cautious Stance Amidst Mixed Signals on August 9, 2023

 

Global Markets Maintain Cautious Stance Amidst Mixed Signals on August 9, 2023

On August 9, 2023, the global financial markets displayed a mixed and cautious sentiment. Stock indices in Asia started the day on a tentative note, with investors closely monitoring geopolitical developments and potential regulatory changes impacting various sectors.


 
European markets showed a slightly more optimistic trend, bolstered by positive earnings reports from key companies. In the United States, early trading indicated a moderate uptick, with tech giants driving gains while concerns over inflation and interest rate shifts lingered. 


Cryptocurrency markets experienced notable volatility, as regulatory discussions continued worldwide. Overall, market participants exhibited a watchful attitude as they awaited further economic indicators and policy updates to navigate the intricate balance between recovery optimism and prevailing uncertainties.






Labels:

Comments

Post a Comment