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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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Pope Leo Urges Catholic Youth to Be Ambassadors of Faith

 

                Pope Leo XIV waves as he leaves after a Mass for Jubilee of Youth in Tor Vergata, in Rome, Italy

 In a stirring address to over one million young Catholics gathered at the World Youth Assembly, Pope Leo delivered a passionate call to action, urging the next generation to become bold ambassadors of their faith in an increasingly secular world.

Speaking from the steps of St. Peter’s Basilica, the pontiff emphasized the power of youth to shape the future of the Church. “You are not just the future of Catholicism—you are its present,” Pope Leo declared. “Let your lives be living testimonies of Christ’s love, mercy, and truth.”

The crowd, representing over 100 countries, erupted in cheers as the Pope encouraged them to carry the Gospel into their schools, communities, and digital spaces. He reminded them that evangelization is not merely preaching, but living with integrity, compassion, and courage.

The event marked one of the largest religious gatherings in recent history, with workshops, prayer vigils, and cultural exchanges reinforcing the Pope’s message of unity and spiritual renewal.

As the sun set over Vatican City, Pope Leo concluded with a blessing and a challenge: “Go forth with joy. Be the light in the darkness. Let the world know who you are—and whose you are.”

The moment has already sparked a wave of social media posts under the hashtag #FaithInAction, signaling a renewed energy among Catholic youth worldwide.


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