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Weekly Market Snapshot: Mideast Tensions and Chip Selloff Rattle Global Markets (July 13–17)

  Week of July 13–17, 2026 It was a rough week to be a tech investor and a good week to own oil. Escalating conflict between the US and Iran pushed crude sharply higher and rattled global markets, while a fresh wave of selling in semiconductor stocks dragged US and Asian indices lower. Closer to home, the Bank of Canada held its key rate steady, and the TSX—less exposed to chipmakers—held up noticeably better than its US and Asian peers. Here’s how the week broke down across every major market, and what it means for your wallet. 🇨🇦 Canada: TSX Day Close Change Mon, Jul 13 35,252.72 -0.15% Wed, Jul 15 (BoC day) 35,416.20 +0.27% Thu, Jul 16 35,340.15 -0.21% Fri, Jul 17 ~35,262 -0.22% Week total (Fri-to-Fri) — ~flat (about -0.1%) The TSX had a choppy but ultimately quiet week compared with its global peers. Monday's session opened with the Strait of Hormuz blockade headlines and closed lower. Wednesday brought a relief rally after the Bank of Canada's rate hold, with financials ...

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Your lookahead horoscope: June 16, 2024

 

HOROSCOPES IF TODAY IS YOUR BIRTHDAY

The world never stops turning and you must never stop changing. That is the message of your birthday chart and the changes you make over the next month or so will set the tone for the rest of the year – so be brave and make them big.

ARIES (March 21 - April 20):

The presence of both Venus and Mercury in the domestic area of your chart this week will help you to smooth out disputes and disagreements that have arisen on the home front. Let loved ones know you are still very much on their side.

TAURUS (April 21 - May 21):

If you want to have fun over the next few days you must put some distance between yourself and those people whose negative outlook is a serious downer. That applies as much to the people you love as it does to friends and colleagues.

GEMINI (May 22 - June 21):

You will get invitations from near and far over the next few days but you must be selective about who you choose to spend your time with. Be careful with your cash as well as there will be no shortage of people who want to help you spend it.

CANCER (June 22 - July 23):

Venus, planet of emotional and material values, and Mercury, planet of communication and the mind, move into your sign together at the start of the week, heralding a complete change in your outlook on life. Keep telling yourself that it’s all good – because it is.

LEO (July 24 - Aug. 23):

You may be tempted to withdraw from the world and watch events from afar over the next few days and that’s not such a bad idea. Having discovered that you are not invincible you need to get your thoughts together before getting back into the fray.

VIRGO (Aug. 24 - Sept. 23):

The cosmic picture is changing in your favor now and in a matter of days you will be in full party mode. You’ve had your fill of serious situations and oh-so-serious people and a bit of fun and frivolity will do you the world of good.

LIBRA (Sept. 24 - Oct. 23):

If you want to move up in the world then the events of the next few days will reveal the new direction you should be moving. You may have to give up on an old ambition that is clearly no longer possible but the sacrifice will be worth it.

SCORPIO (Oct. 24 - Nov. 22):

The more you are on the move over the coming week the more you will encounter opportunities to improve your lot both emotionally and materially. A sense of adventure is a must if you are to make the most of your many talents.

SAGITTARIUS (Nov. 23 - Dec. 21):

The longer you put off dealing with a financial problem the worse it is going to get. The good news though is that as Mercury moves into the wealth area of your chart this week you will recognize the urgency of the situation and do something about it.

CAPRICORN (Dec. 22 - Jan. 20):

As Venus is about to move into the partnership area of your chart you must reach out to the people you love, even if you are the sort of Capricorn who is not generally emotionally expressive. Those three little words “I love you” will work wonders.

AQUARIUS (Jan. 21 - Feb. 19):

Not everyone you do business with this week is going to be at one with your way of looking at the world but it’s no big deal. This could in fact be one of those occasions when multiple viewpoints lead to breakthroughs that increase profits for everyone.

PISCES (Feb. 20 - Mar. 20):

You have been a bit too defensive of late and need to flex your mental and emotional muscles more, and with the cosmic emphasis shifting to the most dynamic area of your chart over the next few weeks that should come easily to you.

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