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Markets Hold Steady as Iran Deal Hopes Lift Sentiment — April 14, 2026

MoneySavings.ca  ·  Daily Market Brief Tuesday, April 14, 2026  ·  Morning Edition Markets hold steady as Iran deal hopes lift sentiment S&P 500 Futures 6,936 ▲ +0.20% Nasdaq Futures 25,647 ▲ +0.40% Dow Futures 48,501 ▲ +0.16% WTI Crude $96.31 ▼ −2.80% easing North American markets are poised for a steady open on Tuesday as investors grow cautiously optimistic about a potential U.S.-Iran agreement. U.S. stock futures held firm after the major averages posted strong gains the previous session, with the S&P 500 fully erasing its war-driven losses. Oil prices offered some relief for consumers, with WTI crude pulling back nearly 3% to around $96.31 per barrel — easing from Monday's spike above $104. Asian markets also opened higher overnight, with Japan's Nikkei 225 rising 2.43% and Hong Kong's Hang Seng gaining 1%, both t...

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Xi Jinping Champions Multipolar World Amid U.S. Tensions

 

                                  China's Xi pushes a new global order, flanked by leaders of Russia and India. 


In a bold display of diplomatic defiance, Chinese President Xi Jinping has unveiled his vision for a new global order that challenges U.S. dominance, during the Shanghai Cooperation Organization (SCO) summit in Tianjin. Addressing more than 20 world leaders, Xi called for “equal and orderly multipolarization” and a more “just and equitable global governance system,” signaling China’s intent to reshape international norms and institutions.

Xi’s remarks were a clear rebuke of what he termed “Cold War mentality” and “bullying behavior” in global affairs—phrases widely interpreted as directed at Washington’s tariff policies and geopolitical strategies. The summit, which included leaders from Russia, India, Iran, and Central Asia, served as a platform for China to position itself as a stabilizing force and advocate for the Global South.

China pledged ¥2 billion ($280 million) in aid and proposed the creation of an SCO Development Bank to deepen economic ties among member states. Xi also emphasized cooperation in energy, infrastructure, and artificial intelligence, leveraging the bloc’s “mega-scale market” to counterbalance Western-led trade systems.

Russian President Vladimir Putin echoed Xi’s sentiments, praising the SCO for reviving “genuine multilateralism” and proposing a Eurasian security framework that would not allow any one country to dominate at the expense of others.

As tensions with the U.S. escalate, Xi’s push for a multipolar world order marks a strategic pivot—one that could redefine alliances and reshape the global balance of power.


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