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Daily Markets Update: Hot U.S. CPI Rattles Tech, Kospi Crashes 7.6%, TSX Slides 1.1% (Oct. 15)

  Thursday, October 15, 2026 | Canadian Money Brief | Daily Markets Update A hotter-than-expected U.S. inflation report turned Wednesday into a risk-off day, and the damage spread overnight to Asia, where South Korea's Kospi crashed 7.6% and triggered a market-wide circuit breaker. Here is where Canada, the U.S. and the world's other major markets stand this morning. Today's Headlines U.S. CPI hit 3.7% in September (3.6% expected, 3.4% in August), with core inflation at 2.6%. The Nasdaq fell 1.88% and the S&P 500 lost 1.11%. The TSX fell 1.11% to 35,584.46 , ending a three-day winning streak as materials plunged 4.33%. Asia sold off hard on AI valuation fears: Kospi -7.57% (seventh straight loss), Nikkei -4.90%. The loonie sits near an 18-month low at about 70.1 US cents as Fed-hike bets rise. Brent closed at US$106.06 and gold slid to a one-week low near US$4,084. Canada: TSX Ends Three-Day Win Streak The S&P/TSX Composite Index fell 399.52 points, or 1.11%, to...

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Your daily horoscope: June 28, 2025

 

IF TODAY IS YOUR BIRTHDAY

If you feel the need to change jobs this year, or even switch to a whole new career, you must be brave and take the plunge. Why stay stuck in a working environment that does not appreciate you or reward you appropriately for your outstanding talents?

Aries (March 21 - April 20):

With Neptune in your sign you may want to save the world but common sense should tell you to lower your sights a little. Is there someone you know – a family member or a friend – who is in need of assistance? Focus exclusively on them.

Taurus (April 21 - May 21):

You may suspect that someone is playing games with you but how can you know for sure? The simply fact is you cannot, so be on your guard this weekend but don’t erect the kind of barriers that make it obvious you no longer trust them.

Gemini (May 22 - June 21):

You must speak plainly and clearly over the next 48 hours, even if what you have to say is unlikely to endear you to other people. Mercury, your ruler, will encourage you to work out what is really going on and then let everyone know about it.

Cancer (June 22 - July 23):

You may not be entirely convinced that what others insist is a golden opportunity is right for you but don’t dismiss it out of hand. It could be that if you give it a go now you will come into some serious money early next week.

Leo (July 24 - Aug. 23):

You know what it is you want out of life and you will go all out to get it over the next few days. Anyone who thinks they can dissuade you from following your dream could find themselves in their own living nightmare!

Virgo (Aug. 24 - Sept. 23):

You may not be one for keeping secrets but if you are smart you won’t go public with information that could one day benefit you personally. Knowledge is power and what you know could be worth a great deal of money as well.

Libra (Sept. 24 - Oct. 23):

Try to be realistic about what you can expect from other people. Not everyone shares your drive and ambition, or your clear-sighted views of what needs to be done in the world, so make allowances for those of lesser talents and fainter hearts.

Scorpio (Oct. 24 - Nov. 22):

You need to stop pussyfooting around on the work front and get started on something that could one day bring you both fame and fortune. Don’t wait for the stars to align and everything to be perfect, just go for it and make it happen.

Sagittarius (Nov. 23 - Dec. 21):

Differences of opinion with friends and colleagues are inevitable this weekend but if you don’t make too a big deal of them it’s unlikely they will hold you back. You can disagree a little and still work together toward a common goal.

Capricorn (Dec. 22 - Jan. 20):

The planets warn that some of the people you will be dealing with this weekend have extremely thin skins, so try not to be too critical about what they are doing and how they are doing it. You don’t want them to break down completely.

Aquarius (Jan. 21 - Feb. 19):

You will need to be on your guard this weekend, especially when dealing with situations that are in some way alien to you. If you don’t know what your next move should be then don’t be afraid to ask someone who has a lot more experience.

Pisces (Feb. 20 - Mar. 20):

A sudden insight into how to make money must not be ignored. The fact that no one else seems to have noticed it does not mean it is wrong – it just means they don’t have the imagination to see past the traditional way of doing things.

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