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Markets Digest Hot U.S. Inflation as Iran Tensions Keep Oil Elevated

Publication:  moneysavings.ca / Canadian Money Brief  Date:  Tuesday, May 13, 2026 The TSX opens cautiously Wednesday after hotter-than-expected U.S. CPI data rattled Wall Street on Tuesday, while Strait of Hormuz disruptions continue to lift energy stocks and pressure the loonie toward 1.35 against the greenback. TSX ~34,291 S&P 500 7,400.96 ▼0.16% WTI Oil ~$102/bbl ▲ Gold ~$4,721 USD/oz ▼ USD/CAD ~1.35 US CPI Apr 3.8% ▲ (est. 3.7%) Market Overview Canadian investors are starting Wednesday on a cautious note following a mixed session south of the border. U.S. equities dipped Tuesday after April's consumer price index came in at 3.8% — a touch above the 3.7% consensus forecast and the highest reading since May 2023 — while the core rate held at 2.8%, also above expectations. The data has effectively closed the door on any Federal Reserve rate cuts in 2026, with traders now pricing in a roughly 70% chance of a rate hike by April 2027. For Canadians, the ripple effects...
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Attempted Coup in Bolivia (June 2024)

 

On June 26, 2024, an attempted coup took place in Bolivia. President Luis Arce reported an “irregular deployment of troops” in the capital city, La Paz, expressing concerns about a presidential coup. 

Troops stormed the presidential palace, Casa Grande del Pueblo. Arce confronted the general commander of the army, Juan José Zúñiga, who appeared to be leading the rebellion. While Zúñiga did not explicitly say he was leading a coup, he mentioned that the army aimed to “restore democracy and free political prisoners.” Arce called for democracy to be respected and announced new heads of the army, navy, and air force. He vowed that democracy would prevail and urged mobilized troops to return to their units. Former President Evo Morales also denounced the military movement as a "coup in the making". Let’s hope for a peaceful resolution to this situation. 

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