Skip to main content

Featured

5 Things to Know Today — September 22, 2026

  September 22, 2026 BoC hike odds reach a coin flip. Oil retreats from four-month highs. Trump's Belarus potash play draws fire. A new federal bill speeds up major projects — with strings attached. Here's what moves your money today. 1. BoC October Hike Is Now a Coin Flip The Bank of Canada next meets October 28 , and markets are evenly split on whether it will raise rates for the first time since cutting to 2.25%. The whiplash is largely imported: after the U.S. Federal Reserve hiked 25 basis points to 3.75–4.00% on September 16 in a unanimous 12-0 vote — the first American rate increase since July 2023 — market-implied odds of a matching BoC move jumped from below 10% to roughly 60% in two weeks, according to LSEG Data & Analytics. Before the BoC's September 2 hold, odds of a hold sat at 94%. The 175-basis-point gap between the BoC (2.25%) and the Fed (3.75–4.00%) is the widest since 2022, which puts direct downward pressure on the loonie and upward pressure on Ca...
Post a Comment
Read more

article

Labels

North Korea Unveils “Hwasong-20” Missile at Grand Military Parade

Military parade celebrating the 80th anniversary of the founding of the ruling Workers' Party of Korea (WPK), in Pyongyang, North Korea.

North Korea staged a massive military parade in Pyongyang to mark the 80th anniversary of the ruling Workers’ Party, showcasing its newest intercontinental ballistic missile (ICBM), the Hwasong-20.

Leader Kim Jong Un presided over the event, joined by high-ranking foreign dignitaries including Chinese Premier Li Qiang, Russia’s former President Dmitry Medvedev, and Vietnam’s Communist Party chief To Lam. The parade, which began late Friday, featured thousands of troops, armored vehicles, and missile launchers in a display of military might.

State media described the Hwasong-20 as the country’s “strongest nuclear strategic weapon system,” underscoring Pyongyang’s continued push to expand its long-range strike capabilities. Analysts note that while the missile theoretically gives North Korea the ability to target the U.S. mainland, questions remain about its guidance systems and warhead re-entry technology.

The spectacle also highlighted North Korea’s deepening ties with China and Russia, as their delegations stood prominently alongside Kim during the celebrations. The show of force comes amid heightened global tensions and renewed concerns over Pyongyang’s advancing weapons program.


Labels:

Comments

Post a Comment