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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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Chasing the Podium: Early Medal Picture at the 2026 Winter Olympics


As the Milan–Cortina 2026 Winter Olympics continue to unfold, the race for medals is already shaping into a familiar yet thrilling contest. Early results point toward a competitive field, with several powerhouse nations asserting themselves across the opening events.

Emerging Medal Standings

While the full table is still evolving, a few trends are already clear:

  • Norway is once again setting the pace, continuing its long‑standing dominance in winter sports.
  • The United States is off to a strong start, leveraging depth across multiple disciplines.
  • Germany, Canada, and Austria are also firmly in the mix, each capitalizing on their traditional strengths in alpine skiing, sliding sports, and skating events.

What Lies Ahead

With more than a hundred events on the program—including the Olympic debut of ski mountaineering—the standings are far from settled. As competitions intensify, every medal opportunity has the potential to shift the leaderboard and rewrite the narrative of these Games.

The coming days promise dramatic finishes, breakout stars, and the kind of unforgettable Olympic moments that define a generation of athletes.

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