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5 Things to Know Today: Markets Near Records, Rates Hold, Oil Eases

  Here's what Canadian money watchers need to know as we head into the week: 1. TSX Hits Record Territory Amid Diplomatic Optimism The S&P/TSX Composite Index is hovering near 35,000 , approaching record levels as markets digest positive signals from U.S.-Iran negotiations. Senior officials say a deal to reopen the Strait of Hormuz could be signed at next week's G7 summit, easing geopolitical tensions and supporting oil-sensitive sectors. Financial stocks led gains—RBC, TD, and BMO all rose about 0.5–1%—while mining names like Agnico Eagle and WPM climbed despite softer gold prices. What it means for your wallet: A more stable geopolitical backdrop and lower oil prices could ease inflation concerns, improving conditions for your savings and investments. 2. Bank of Canada Holds Rates at 2.25% for Fifth Time On June 10, the BoC kept its benchmark overnight rate steady at 2.25% —marking five consecutive holds since October 2025. Governor Tiff Macklem cited a "two-directi...
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popular Christmas traditions in other countries

 

Christmas is celebrated in many different ways around the world. Here are some of the most popular Christmas traditions from different countries:

  1. Mexico: In Mexico, people celebrate Christmas with a nine-day celebration called Las Posadas. The celebration reenacts Mary and Joseph’s search for a place to stay in Bethlehem.
  2. Germany: Germans celebrate Christmas with a Christmas market called Christkindlmarkt. The market sells Christmas decorations, food, and gifts .
  3. Italy: In Italy, people celebrate Christmas with a feast called La Vigilia. The feast consists of seven fish dishes and is eaten on Christmas Eve .
  4. Sweden: Swedes celebrate Christmas with a feast called Julbord. The feast consists of traditional Swedish dishes such as meatballs, pickled herring, and Jansson’s Temptation .
  5. Japan: In Japan, people celebrate Christmas with a meal of fried chicken from KFC. This tradition started in the 1970s when KFC launched a marketing campaign called “Kentucky for Christmas!” .
  6. Australia: Australians celebrate Christmas with a barbecue on the beach. It’s a great way to enjoy the warm weather and the outdoors .
  7. Brazil: In Brazil, people celebrate Christmas with a feast called Ceia de Natal. The feast consists of turkey, ham, and other traditional Brazilian dishes .
  8. Greece: Greeks celebrate Christmas with a feast called Christougenna. The feast consists of traditional Greek dishes such as lamb, stuffed grape leaves, and spanakopita .

I hope you find these traditions interesting! 

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