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Oil jumps above US$105 after Riyadh blasts, futures slip and yields near 24-year highs. TSX, Wall Street and global markets for Oct 8.

  Canadian Money Brief | Thursday, October 8, 2026 | Morning edition Oil is jumping, futures are sliding and bond yields are sitting near 24-year highs. Explosions in Riyadh, including a blast at the city's airport, sent crude sharply higher early Thursday and pushed U.S. stock futures lower. That follows a rough Wednesday for Toronto, where banks and miners dragged the TSX down. Here is where every major market stands before the open. Key takeaways Brent crude jumped about 5% to above US$105 a barrel; WTI rose about 5% to roughly US$92.75. S&P 500 futures are down about 0.6% and Dow futures about 1% after Wall Street's four-day winning streak ended Wednesday. The TSX fell about 1.7% Wednesday to near 35,040, led lower by the big banks and gold miners. The U.S. 10-year yield touched 5.36% on Wednesday, its highest since April 2002, and is hovering near 5.3% again. Markets are pricing in at least one Bank of Canada rate hike by year-end. Canada: TSX stumbles as banks and m...

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Holy Week: A Journey Through Sacred Days

 


Holy Week, the solemn period leading up to Easter Sunday, holds immense significance for Christians worldwide. It encompasses a sequence of events that mirror the final days of Jesus Christ—from triumphal entry to resurrection. Let us walk this sacred path together:

Palm Sunday: Triumphal Entry

On the Sunday before His crucifixion, Jesus embarked on His journey to Jerusalem. As He approached the village of Bethphage, He instructed two disciples to find an unbroken colt and a donkey. Fulfilling ancient prophecy, Jesus humbly rode into Jerusalem, welcomed by crowds waving palm branches and shouting, “Hosanna!” . This day marks His triumphant entry and is recorded in Matthew 21:1-11, Mark 11:1-11, Luke 19:28-44, and John 12:12-19.

Monday: Cleansing the Temple

Jesus returned to Jerusalem, cursing a barren fig tree along the way—a symbol of spiritual fruitlessness. At the Temple, He overturned tables, denouncing corruption and declaring it a house of prayer. Monday’s events are chronicled in Matthew 21:12–22, Mark 11:15–19, Luke 19:45-48, and John 2:13-17.

Tuesday: Teachings and Parables

Jesus spent Tuesday teaching and sharing parables, including the Olivet Discourse. His words focused on the end times and the impending destruction of the Temple.

Wednesday (Spy Wednesday): Betrayal Looms

Judas agreed to betray Jesus, setting the stage for the events to come.

Maundy Thursday: The Last Supper

Jesus shared the Passover meal with His disciples, instituting the Eucharist. His words—“This is my body…this is my blood”—foretold His sacrifice.

Good Friday: Passion and Death

On this solemn day, Jesus was crucified, bearing humanity’s sins. The weight of the cross, the agony, and the darkness enveloped Him.

Holy Saturday (Black Saturday): Burial

Jesus’ body rested in the tomb. Silence hung heavy as the world awaited the dawn of hope .

Easter Sunday: Resurrection

The stone rolled away, and Jesus emerged victorious. Death defeated, redemption proclaimed. His resurrection echoes through eternity.

As we journey through Holy Week, may we reflect on love, sacrifice, and the promise of eternal life. 

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