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Markets Digest Iran Peace Progress and Fed Rate-Hike Risk — June 22, 2026

  Markets are easing into a cautious start this Monday as investors return from a long weekend — U.S. markets were closed Friday for Juneteenth — and assess a mixed backdrop: tentative optimism over U.S.–Iran peace talks, a newly hawkish Federal Reserve, and a key week of economic data and earnings ahead. Oil is steadying, the Canadian dollar is under modest pressure, and Asian markets rallied while European and U.S. futures drifted slightly lower in early trading. 🍁 Canada — TSX & the Loonie The S&P/TSX Composite Index heads into Monday trading with a cautious tone, sitting near the 34,857 level after slipping 0.32% on Thursday — the last day Canadian markets were open. Energy stocks will be in focus as oil prices stabilize following weeks of volatility tied to the U.S.–Iran conflict and the partial reopening of the Strait of Hormuz. The Canadian dollar is trading at approximately 70.52 cents U.S. (CAD/USD: 0.7052), down about 0.22% on the session. The loonie remains und...
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Beirut Under Siege: Israel’s Expanded Campaign Hits Hard

 

The Lebanese capital, Beirut, has been rocked by heavy airstrikes as Israel expands its military campaign in Lebanon. The strikes have primarily targeted the southern suburbs of Beirut, an area known to be a stronghold of Hezbollah.

Since Friday, Israeli forces have intensified their bombardment, making it difficult for rescue workers to access affected areas. The strikes have caused significant damage and heightened tensions in the region. Lebanese security sources report that the ongoing attacks have hampered efforts to search for survivors and provide aid to those affected.

The Israeli Defense Forces (IDF) have stated that their operations are aimed at neutralizing Hezbollah targets, which they claim are embedded within civilian areas. This escalation follows a series of cross-border incidents and rising hostilities between Israel and Hezbollah.

The international community has expressed concern over the increasing violence and its potential to destabilize the region further. Calls for a ceasefire and diplomatic resolution have been growing louder as the situation continues to unfold.


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