Skip to main content

Featured

TSX Hits Record High as Iran Deal Lifts Markets — Daily Update, June 16, 2026

Oil tumbles on Strait of Hormuz reopening framework. All eyes on the Federal Reserve as Kevin Warsh chairs his first policy meeting. Here is everything moving Canadian wallets today. Tuesday, June 16, 2026  |  MoneySavings.ca 🇨🇦 TSX — Another Record on the Books The S&P/TSX Composite closed at a fresh all-time high on Monday, June 15, topping 35,398 intraday before finishing near the upper end of its range. The index is now up more than 11% year-to-date , the second-best performance among major global indexes tracked through mid-June — behind only Japan's Nikkei (+31%). Monday's rally was broad-based, fuelled by a surge in risk appetite following the announcement of a U.S.–Iran peace framework over the weekend. Energy, financials, and materials all participated, though energy stocks gained somewhat less than the others as crude oil prices simultaneously fell sharply on the Strait of Hormuz reopening news — a rare case where the same headline pushed the index up and one ...
Post a Comment
Read more

article

Labels

Hamas Seeks Assurances as Ceasefire Talks Intensify Amid Gaza Bloodshed

As diplomatic efforts to end the nearly two-year-long war in Gaza gain momentum, Hamas has demanded firm guarantees that a proposed U.S.-backed ceasefire will lead to a permanent end to hostilities. The group’s insistence comes as Israeli airstrikes reportedly killed at least 59 people across the Gaza Strip on Thursday, including civilians sheltering in schools and those queuing for humanitarian aid.

The proposed 60-day truce, endorsed by U.S. President Donald Trump, includes the staggered release of 10 living Israeli hostages and the return of 18 bodies in exchange for Palestinian prisoners. While Israel has signaled readiness to move forward, Hamas remains cautious, seeking international assurances that negotiations during the ceasefire will culminate in a full cessation of the war.

Mediators from Egypt and Qatar are working to bridge the remaining gaps, with Israel expecting a formal response from Hamas by Friday. If accepted, indirect talks could resume immediately to finalize the deal.

The conflict, which began on October 7, 2023, has resulted in over 57,000 Palestinian deaths and widespread devastation in Gaza, according to local health authorities. Israel maintains it will not end the war until Hamas is disarmed and removed from power, while Hamas insists it will not surrender but is open to releasing all hostages if the war ends.

The coming days may prove pivotal in determining whether this latest diplomatic push can finally bring relief to a region long engulfed in violence.

Labels:

Comments

Post a Comment