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Israel and Lebanon Agree to 10‑Day Ceasefire as Trump Announces Breakthrough

  Israel and Lebanon Reach 10‑Day Ceasefire Following Trump Announcement Israel and Lebanon have agreed to a 10‑day ceasefire set to begin at 5 p.m. EST, according to U.S. President Donald Trump, who said the truce followed “excellent conversations” with Israeli Prime Minister Benjamin Netanyahu and Lebanese President Joseph Aoun.  The ceasefire comes after more than six weeks of intense fighting between Israel and Hezbollah, the Iran‑backed armed group operating in southern Lebanon. The conflict has resulted in over 2,000 deaths in Lebanon and displaced more than a million residents, while Israel has maintained a 10‑kilometre security zone in southern Lebanon. Trump stated that both leaders agreed to begin the truce to pursue peace, adding that he plans to invite them to the White House for the first direct talks between the two countries since 1983. Lebanese officials have welcomed the ceasefire, though Hezbollah has said its adherence depends on Israel halting all attacks....
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Canadian Markets Hold Steady as Investors Await Jobs Data

 

Futures tied to Canada’s main stock index were little changed on Friday morning, as traders adopted a cautious stance ahead of the release of September’s employment report. December futures on the S&P/TSX index slipped just 0.05% in early trading.

Economists expect the data to show a modest gain of 5,000 jobs, with the unemployment rate edging up to 7.2%. The report is being closely watched for signals on whether the Bank of Canada may deliver another interest rate cut at its October 29 policy meeting, following last month’s reduction—the first since March.

On Thursday, the S&P/TSX composite index fell to a one-week low, weighed down by a pullback in gold prices. Despite the dip, the benchmark remains up more than 22% this year, supported by strong commodity markets. Gold, which surged past $4,000 an ounce earlier this week, edged higher again Friday, while silver also gained ground. Oil prices, however, slipped after geopolitical tensions in the Middle East eased.

In corporate news, JPMorgan upgraded First Quantum Minerals to “overweight” from “neutral,” offering a boost to the mining sector.


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