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TSX Climbs as Geopolitical Tensions Ease, Bank of Canada Decision Looms

  Markets at a Glance – June 9, 2026 Global markets are starting Tuesday on a cautiously optimistic note. The TSX is building on Monday's gains, U.S. futures are pointing higher across the board, and energy stocks continue to find support from elevated oil prices. But the biggest Canadian story arrives tomorrow: the Bank of Canada's interest rate decision on June 10 is front of mind for investors, mortgage holders, and anyone keeping an eye on the loonie. 🇨🇦 Canada – TSX Composite The S&P/TSX Composite Index closed Monday at approximately 34,479 , recovering solidly after Friday's sharp pullback. Eight of ten TSX sectors finished in positive territory, led by energy (+2.3%) and materials (+0.9%) as oil prices rebounded and geopolitical tensions showed early signs of de-escalation. Mining names including K92 Mining and Ivanhoe Mines were among the notable gainers. The index is now up roughly +8.7% year-to-date — second only to Japan's Nikkei among major global ...
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Israel Rejects Turkish Role in Gaza Peacekeeping Force

 

Palestinians whose homes were destroyed in Israeli attacks are struggling to survive in makeshift tents built over the rubble in the El Mugraka area in central Gaza on November 9, 2025. 


Israel has firmly ruled out the possibility of Turkish troops participating in a proposed multinational peacekeeping mission in Gaza. Government spokesperson Shosh Bedrosian stated on Sunday that “there will be no Turkish boots on the ground”, responding to questions about the composition of the force that is expected to replace Israeli military control in the enclave.

The plan, backed by U.S. President Donald Trump, envisions a temporary International Stabilization Force to oversee security in Gaza and gradually take over from Israeli forces. However, the force has yet to be established, and discussions continue among international partners about whether it should operate under a United Nations mandate.

Israel’s opposition to Turkish involvement stems from longstanding tensions with Ankara, which has been openly critical of Israeli policies and supportive of Hamas. Israeli officials, including Defense Minister Israel Katz, have reiterated that Turkey’s participation is a “red line” for Tel Aviv.

Meanwhile, U.S. officials have suggested that Turkey could play a role in the post-war administration of Gaza, but Israel remains adamant that Ankara will not be part of the security arrangements. The debate highlights the broader challenge of assembling a credible and acceptable multinational force to stabilize Gaza after years of conflict.

In summary, Israel’s rejection of Turkish troops underscores the deep political divisions surrounding the future of Gaza and complicates international efforts to establish a peacekeeping mission.

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