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TSX Hits Record High as Iran Deal Lifts Markets — Daily Update, June 16, 2026

Oil tumbles on Strait of Hormuz reopening framework. All eyes on the Federal Reserve as Kevin Warsh chairs his first policy meeting. Here is everything moving Canadian wallets today. Tuesday, June 16, 2026  |  MoneySavings.ca 🇨🇦 TSX — Another Record on the Books The S&P/TSX Composite closed at a fresh all-time high on Monday, June 15, topping 35,398 intraday before finishing near the upper end of its range. The index is now up more than 11% year-to-date , the second-best performance among major global indexes tracked through mid-June — behind only Japan's Nikkei (+31%). Monday's rally was broad-based, fuelled by a surge in risk appetite following the announcement of a U.S.–Iran peace framework over the weekend. Energy, financials, and materials all participated, though energy stocks gained somewhat less than the others as crude oil prices simultaneously fell sharply on the Strait of Hormuz reopening news — a rare case where the same headline pushed the index up and one ...
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Turkey Expands Crackdown on Insider Football Gambling

arlier this month, Turkey's football federation suspended 149 referees and assistants after an investigation found that officials in the professional leagues were betting on games.

Turkey is intensifying its efforts to combat insider gambling within the football industry, signaling a broader crackdown that could reshape the sport’s integrity landscape. Authorities have announced plans to widen investigations into betting rings allegedly involving players, coaches, and club officials.

The move follows a series of high-profile cases that exposed how insider knowledge—such as injury updates, tactical decisions, or locker-room disputes—was being exploited for financial gain. Regulators argue that such practices not only undermine fair competition but also erode public trust in the sport.

The expanded crackdown is expected to include stricter monitoring of betting platforms, harsher penalties for offenders, and closer collaboration with international sports bodies. Analysts suggest that Turkey’s stance could serve as a model for other nations grappling with the growing influence of gambling in professional football.

By widening the scope of enforcement, Turkish authorities aim to protect the integrity of the game and reassure fans that football remains a contest of skill, not manipulation.


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