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5 Things to Know Today: Markets Near Records, Rates Hold, Oil Eases

  Here's what Canadian money watchers need to know as we head into the week: 1. TSX Hits Record Territory Amid Diplomatic Optimism The S&P/TSX Composite Index is hovering near 35,000 , approaching record levels as markets digest positive signals from U.S.-Iran negotiations. Senior officials say a deal to reopen the Strait of Hormuz could be signed at next week's G7 summit, easing geopolitical tensions and supporting oil-sensitive sectors. Financial stocks led gains—RBC, TD, and BMO all rose about 0.5–1%—while mining names like Agnico Eagle and WPM climbed despite softer gold prices. What it means for your wallet: A more stable geopolitical backdrop and lower oil prices could ease inflation concerns, improving conditions for your savings and investments. 2. Bank of Canada Holds Rates at 2.25% for Fifth Time On June 10, the BoC kept its benchmark overnight rate steady at 2.25% —marking five consecutive holds since October 2025. Governor Tiff Macklem cited a "two-directi...
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Netanyahu's Strategy Amid Ceasefire Talks: A Balancing Act


Israeli Prime Minister Benjamin Netanyahu has pledged to intensify pressure on Hamas while navigating delicate negotiations for a ceasefire. The proposal, mediated by Egypt and Qatar, includes the release of hostages and humanitarian aid to Gaza. However, Netanyahu insists on Hamas disarming, a condition the group has rejected.

The ceasefire talks come amidst renewed violence, with Israeli strikes killing civilians in Gaza, including children, during the Eid al-Fitr holiday. Netanyahu's cabinet has approved measures to crush Hamas' military capabilities while maintaining diplomatic efforts. The situation remains tense, with both sides holding firm on their demands.



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