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Fed Decision Day: Oil Tops $108, Bond Yields Hit a 19-Year High — What It Means for Your Money

  All eyes are on Washington today. The Federal Reserve wraps up its two-day policy meeting this afternoon, and markets are pricing in roughly a 90–93% chance of a 25-basis-point hike — what would be the first rate increase of this cycle, as energy-driven inflation forces central banks around the world to reverse course. It comes after a rough session on both sides of the border: the TSX slipped to a one-week low, Wall Street logged its sixth decline in seven sessions, and the 10-year U.S. Treasury yield touched 5.04% — its highest level since 2007 — as oil held near four-month highs above $107 a barrel. Here's what moved markets overnight, and what today's decision could mean for your mortgage, your grocery bill, and your portfolio. 🇨🇦 TSX: Second Straight Decline The S&P/TSX Composite closed Tuesday at 35,582.07 , down 120.46 points (-0.34%) — its second straight losing session and lowest close in about a week. Energy was the lone bright spot as crude prices surged,...
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Diplomatic Struggles: Russia and the U.S. Face Challenges in Ukraine Peace Talks

 

Russia’s Foreign Minister Sergei Lavrov has acknowledged the difficulties in reaching a peace agreement with the United States regarding the ongoing war in Ukraine. In an interview with the Kommersant newspaper, Lavrov stated that while discussions are taking place, agreeing on the key components of a settlement remains a challenge.

The diplomatic negotiations come amid continued tensions between Russia and Ukraine, with both sides seeking a resolution that aligns with their respective interests. While U.S. officials have expressed optimism about the possibility of a peace deal, Russia has been cautious, emphasizing the complexity of the discussions.

Despite the hurdles, efforts to broker a lasting peace continue, with international stakeholders closely monitoring the situation. The outcome of these negotiations could have significant implications for global stability and the future of Ukraine’s sovereignty.


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