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Wall Street Eyes Weekly Gain as Peace Hopes Lift Futures

  Wall Street Poised for Weekly Gain as Futures Climb on Middle East Peace Hopes Wall Street looked set to close the week on a positive note as U.S. equity futures climbed Friday, supported by renewed optimism that diplomatic progress in the Middle East could ease geopolitical tensions. Investors have been highly sensitive to any signs of de‑escalation, and this week’s developments helped unwind some of the risk premiums that had weighed on global markets. Oil prices, which surged earlier in the month on fears of supply disruptions, pulled back again as ceasefire discussions gained traction. Lower energy costs have helped cool inflation expectations, giving markets a bit more breathing room after a volatile stretch. Major U.S. indexes are now on track for a weekly gain, with tech and consumer stocks leading the rebound. Still, analysts caution that sentiment remains fragile: any setback in negotiations could quickly revive market turbulence. For Canadian investors, easing oil v...
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Erdogan Denounces Israeli Policies, Reaffirms Palestinian Sovereignty in Pakistan

 

During a high-profile visit to Pakistan on Thursday, Turkish President Recep Tayyip Erdogan launched a scathing critique of Israel’s handling of the Gaza situation. Speaking at a televised business forum in Islamabad, Erdogan condemned what he described as Israel’s failure to honor a ceasefire and its aggressive military actions in Gaza.

“Gaza belongs to our Gazan brothers and sisters and will remain so forever,” Erdogan declared, emphasizing that the region—where Palestinians have made immense sacrifices—must not be subject to any forced relocation or compromise. He warned that Israel’s ongoing operations would only lead the area “toward blood and tears again.”

Erdogan’s remarks came as he and Pakistani Prime Minister Shehbaz Sharif jointly chaired talks aimed at deepening bilateral cooperation. During the visit, both leaders oversaw the signing of 24 strategic agreements covering economic, trade, and defense ties—a move underscoring their mutual commitment to regional stability amid escalating tensions.

The Turkish president’s forceful speech not only reiterated his longstanding support for the Palestinian cause but also signaled Turkey’s determination to challenge policies seen as exacerbating the humanitarian tragedy in Gaza. His comments resonated with many in the region who view a fair and enduring peace as contingent on recognizing Palestinian rights and sovereignty.

Erdogan’s rhetoric comes at a time when the international community is calling for renewed efforts to secure a lasting ceasefire in the conflict-ravaged region. His impassioned address adds to a chorus of voices demanding accountability and justice for those affected by the ongoing violence.


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