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Daily Markets Update – June 19, 2026: U.S. Markets Dark for Juneteenth as TSX Slips and the Iran Deal Sends Oil Tumbling

  Friday is a quiet one south of the border — U.S. equity and bond markets are fully closed today in observance of Juneteenth , a federal holiday. With Wall Street dark, global attention has shifted to how markets everywhere else are digesting two big developments: the Federal Reserve's hawkish rate-hold this week and a landmark U.S.–Iran interim peace agreement that is now reshaping the energy outlook in real time. Canadian investors are not off the hook — the TSX is open and closed Thursday's session in the red, weighed down by sinking oil and mining stocks. At a Glance — Thursday Close / Friday as of Writing S&P/TSX Composite 34,969  ▼  ‑0.44% S&P 500 (Thu. close) ~7,501  ▲  +1.08% Nasdaq (Thu. close) 26,518  ▲  +1.91% Dow Jones (Thu. close) 51,565  ▲  +0.14% WTI Crude Oil ~US$77/bbl  ▼  ‑38% from Apr. high Gold (spot) ~US$4,178/oz  ▼  Pulling back CAD/USD ~0.714  (USD/CAD ~1.400) Nikkei 225 (Fri. close) ...
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North Korea's Military Alliance with Russia: A New Chapter in Global Dynamics

In a historic move, North Korea has confirmed the deployment of troops to Russia to support its war efforts in Ukraine. This marks the first time Pyongyang has openly acknowledged its military involvement in the conflict. Under the directive of leader Kim Jong Un, North Korean forces played a pivotal role in aiding Russia to reclaim the Kursk region, a territory previously occupied by Ukrainian forces.

The North Korean state media described the operation as a testament to the "firm militant friendship" between the two nations. The deployment was carried out under a strategic partnership treaty signed between Kim Jong Un and Russian President Vladimir Putin last year. This alliance has not only strengthened military ties but also brought the two politically isolated nations closer.

Russian President Vladimir Putin expressed his gratitude, hailing the North Korean troops as "heroes" who fought alongside their Russian counterparts. Meanwhile, the international community has raised concerns over the implications of this alliance, with some nations condemning the move as a provocation to global security.

This development underscores the shifting alliances and complexities in the ongoing conflict, adding a new layer of geopolitical tension.

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