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Kospi Plunges 5%, Oil Near $106 as TSX Reopens | Daily Markets Update Oct 13

  Canadian Money Brief • Daily Markets Update • Tuesday, October 13, 2026 Good morning. Canadians return from the long weekend to a lot of catching up. Asia's chip stocks were hammered overnight, oil is hovering near US$106 a barrel, and the loonie is sitting near its weakest level in 18 months. The TSX reopens today after Thanksgiving, and Wall Street's big banks kick off earnings season ahead of tomorrow's US inflation report. The Big Three Today 1. Kospi crashes 5.46% to 6,035 on a global chip and AI selloff 2. Brent settles at US$106.65, its highest close since Sept. 15, on attacks on Saudi Arabia 3. TSX reopens after Friday's 519-point jump on a shock jobs report; USD/CAD near 1.43 Canada: TSX Reopens After a Jobs Shock The Toronto Stock Exchange was closed Monday for Thanksgiving, so Friday's session is still the latest close, and it was a big one. The S&P/TSX Composite jumped 519.24 points (+1.48%) to 35,664.62 after Statistics Canada reported that t...

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Israel Returns Bodies of 30 Palestinians Amid Fragile Ceasefire

Bodies of unidentified Palestinians returned from Israel as part of the ceasefire deal are placed at a warehouse in Nasser Hospital in Khan Younis, Gaza Strip, Friday, Oct. 31, 2025. 

Israel has handed over the bodies of 30 Palestinians to Gaza, according to hospital officials in Khan Younis. The transfer, facilitated by the International Committee of the Red Cross, took place on Friday and comes just one day after Palestinian militants returned the remains of two Israeli hostages to Israel.

The bodies were delivered to the Nasser Medical Complex in southern Gaza, where officials confirmed they belonged to Palestinians who had died while in Israeli custody. While the exact circumstances of their deaths remain unclear, the exchange is seen as part of a broader ceasefire and prisoner-exchange arrangement brokered with international mediation.

The handover underscores the delicate balance of the ongoing truce, which has been punctuated by intermittent violence and airstrikes. Despite the exchange, tensions remain high, with Gaza residents expressing fear that the fragile ceasefire could collapse at any moment.

This latest development highlights the human cost of the conflict, as both sides continue to negotiate under the shadow of immense civilian suffering. For families in Gaza, the return of the bodies provides a measure of closure, though it also serves as a stark reminder of the heavy toll of the war.


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