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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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Protesting farmers block crossings on Dutch-Belgian border

 


Farmers have blocked key road crossings on the border between Belgium and the Netherlands in their latest protest against excessive red tape and competition from cheap imports. The protests began on Thursday night on the Belgian side, with some Dutch farmers joining later. The roadblocks have caused significant traffic congestion and disrupted freight transport from the major European ports of Antwerp and Rotterdam.

The latest protest comes less than a day after Ursula von der Leyen, the President of the European Commission, met with farming groups in a bid to appease them. The farmers are protesting against the increasing regulatory burden and competition from cheap imports, which they say is making it difficult for them to make a living.

The protests have been peaceful so far, but there are concerns that they could escalate if the farmers’ demands are not met. The Belgian and Dutch authorities have urged the farmers to remove the roadblocks and engage in dialogue to resolve their grievances.


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