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TSX Climbs as Geopolitical Tensions Ease, Bank of Canada Decision Looms

  Markets at a Glance – June 9, 2026 Global markets are starting Tuesday on a cautiously optimistic note. The TSX is building on Monday's gains, U.S. futures are pointing higher across the board, and energy stocks continue to find support from elevated oil prices. But the biggest Canadian story arrives tomorrow: the Bank of Canada's interest rate decision on June 10 is front of mind for investors, mortgage holders, and anyone keeping an eye on the loonie. 🇨🇦 Canada – TSX Composite The S&P/TSX Composite Index closed Monday at approximately 34,479 , recovering solidly after Friday's sharp pullback. Eight of ten TSX sectors finished in positive territory, led by energy (+2.3%) and materials (+0.9%) as oil prices rebounded and geopolitical tensions showed early signs of de-escalation. Mining names including K92 Mining and Ivanhoe Mines were among the notable gainers. The index is now up roughly +8.7% year-to-date — second only to Japan's Nikkei among major global ...
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Trump Floats Air Support for Ukraine, Affirms No U.S. Ground Troops

                                            U.S. President Donald Trump

In a fresh round of high-stakes diplomacy, U.S. President Donald Trump has ruled out deploying American ground forces to Ukraine while signalling that Washington could provide air power as part of a potential peace framework with Russia.

The announcement came after Trump hosted Ukrainian President Volodymyr Zelensky and key European leaders at the White House, just days after meeting Russian President Vladimir Putin in Alaska. According to Trump, European nations such as France and the UK may take the lead in sending troops to secure any settlement, while the U.S. would focus on aerial capabilities — a move he described as leveraging America’s unmatched air assets.

Putin has reportedly agreed in principle to meet Zelensky under Western security guarantees, though Kyiv and European capitals remain cautious. Possible summit venues range from Geneva to Budapest, with Moscow’s proposal swiftly rejected by Ukraine.

White House officials confirmed that air support remains “an option and a possibility,” though details are scarce. Analysts note such support could include missile defence systems, no-fly zone enforcement, or logistical air operations — all of which carry the risk of direct confrontation with Russia.

European leaders are now coordinating next steps, including potential sanctions to pressure Moscow, as discussions over security guarantees continue.

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