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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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Kremlin Warns of Retaliation Over Potential EU Travel Curbs on Diplomats

                                           Kremlin spokesman Dmitry Peskov

The Kremlin has vowed to respond if the European Union moves forward with plans to restrict the travel of Russian diplomats within the bloc.

EU member states are reportedly nearing an agreement on measures that would require Russian envoys to notify authorities before traveling outside their host country, giving governments the option to deny entry. The proposal, part of a broader sanctions package, is aimed at curbing espionage and hybrid operations allegedly conducted under diplomatic cover.

Kremlin spokesman Dmitry Peskov said on Tuesday that Moscow would not leave such restrictions unanswered. “Of course there will be a response. Our diplomatic service will formulate proposals, and they will be implemented,” he told reporters, accusing European governments of “reviving their skills in erecting new dividing walls.”

The EU has already expelled dozens of Russian diplomats since the start of the war in Ukraine, citing security concerns. If approved, the new travel restrictions would mark the first bloc-wide measure targeting the mobility of Russian diplomatic staff.

Analysts warn that any tit-for-tat retaliation by Moscow could further strain already fragile diplomatic channels between Russia and the West.


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