Skip to main content

Featured

5 Things to Know Today — September 22, 2026

  September 22, 2026 BoC hike odds reach a coin flip. Oil retreats from four-month highs. Trump's Belarus potash play draws fire. A new federal bill speeds up major projects — with strings attached. Here's what moves your money today. 1. BoC October Hike Is Now a Coin Flip The Bank of Canada next meets October 28 , and markets are evenly split on whether it will raise rates for the first time since cutting to 2.25%. The whiplash is largely imported: after the U.S. Federal Reserve hiked 25 basis points to 3.75–4.00% on September 16 in a unanimous 12-0 vote — the first American rate increase since July 2023 — market-implied odds of a matching BoC move jumped from below 10% to roughly 60% in two weeks, according to LSEG Data & Analytics. Before the BoC's September 2 hold, odds of a hold sat at 94%. The 175-basis-point gap between the BoC (2.25%) and the Fed (3.75–4.00%) is the widest since 2022, which puts direct downward pressure on the loonie and upward pressure on Ca...
Post a Comment
Read more

article

Labels

Escalation in Gaza: Israeli Forces Advance in Khan Younis, 20 Killed

 

Israeli tanks advanced into the northern parts of Khan Younis in southern Gaza on Wednesday, leading to a significant escalation in the ongoing conflict. Palestinian medics reported that Israeli airstrikes resulted in the deaths of at least 20 people across the enclave.

The advance came a day after the Israeli military issued new evacuation orders, citing rocket launches from the area. The airstrikes targeted central Gaza, killing 11 people, including six children and one medic. Five of the victims were reportedly queuing outside a bakery. Additionally, nine Palestinians were killed by tank fire in Rafah, near the Egyptian border.

The situation in Gaza remains dire, with residents fleeing their homes amid the shelling. The humanitarian-designated area of Al-Mawasi has seen an influx of displaced families seeking safety. The conflict, which began after Hamas-led fighters attacked Israeli communities on October 7, 2023, has resulted in over 44,400 Palestinian deaths and widespread destruction.

The international community continues to call for a ceasefire, but the violence shows no signs of abating. The humanitarian crisis in Gaza is worsening, with hospitals and aid workers struggling to cope with the influx of casualties and displaced persons.

Labels:

Comments

Post a Comment