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Global Markets in Flux: Oil, Geopolitics & Recovery Signals

June 17, 2026 | Daily Markets Update 📊 At a Glance: Oil prices softened: Brent crude fell to $78.76, down from four-year highs as US-Iran tensions ease Asian markets mixed: Japan's Nikkei rose 0.8% on strong export data, while tech-heavy indices declined Wall Street retreated: S&P 500 and Nasdaq turned negative; Dow Jones hit new highs Canadian dollar steady: USD/CAD holding near 1.38, tracking commodity moves Fed on hold: Chair Kevin Warsh's first meeting expected to keep rates steady amid inflation caution North American Markets Canada: TSX Shows Resilience The S&P/TSX Composite Index posted modest gains in early trading, supported by strength in the energy and utility sectors. The Canadian benchmark continues to track global sentiment and commodity prices, with oil and natural gas movements providing key directional cues. Energy stocks remain the focal point for Canadian investors as oil prices negotiate the delicate balance between Middle East de-escalation an...
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Farmers' Protest Escalates as Police Clash with Marchers in India

 

Tensions flared as Indian police clashed with hundreds of farmers marching towards New Delhi to demand guaranteed crop prices. The protest, reminiscent of the 2021 demonstrations, saw tear gas and barricades deployed by authorities at the Shambhu border crossing between Punjab and Haryana.

Farmers, who began their march from Haryana and Punjab, are seeking legal guarantees for minimum support prices (MSP) for over 20 essential crops. The government's current policy protects only rice and wheat prices, leaving farmers struggling with rising cultivation costs and stagnant incomes.

The authorities have suspended internet services in some Haryana districts to hinder communication among protesters. Despite the heavy security measures, farmers remain resolute, vowing to continue their march until their demands are met.

The situation remains tense as both sides stand their ground, with farmer leaders criticizing the government's lack of progress on promises made in 2021. The farmers' determination underscores the ongoing struggle for fair agricultural policies in India.



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