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Weekly Market Snapshot: June 9–13, 2026

Canadian markets closed out a turbulent week on a positive note, as the Bank of Canada's decision to hold its benchmark rate at 2.25% and easing Iran tensions helped the TSX recover from a mid-week dip to finish the week up roughly 1.53% . A surprise Dollarama earnings beat gave the retail sector an additional lift. 📊 Market Scoreboard — Week of June 9–13 Index / Asset Level (Fri. Close) Weekly Change S&P/TSX Composite 34,937.85 ▲ +1.53% S&P 500 (USD) ~7,431 ▲ ~+0.6% wk Dow Jones (USD) 51,202 ▲ +0.7% Fri CAD/USD 0.7160 ▼ Modest pressure WTI Crude Oil (USD/bbl) ~$84.29 ▼ 8-wk low Gold (USD/oz) ~$4,226 ▲ ~2.8% Sources: Yahoo Finance Canada, Trading Economics, TMX Money. Figures reflect approximate Friday close / intraday levels as of June 13, 2026. 🔑 5 Things That Moved Markets This Week 1 — Bank of Canada Holds at 2.25% The BoC held its benchmark rate steady on Wednesday, June 11 — as widely expected after Canada's May jobs report came in with a blowout 88,000 new pos...

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Rising Middle East Tensions: Key Leaders Assassinated


n a dramatic escalation of Middle East tensions, the leaders of two prominent Iranian-backed groups, Hamas and Hezbollah, were killed in separate attacks within 24 hours. These incidents have sparked fears of a broader regional conflict.

Hamas Leader Assassinated in Tehran

Ismail Haniyeh, the political leader of Hamas, was killed in an airstrike in Tehran on Wednesday. Haniyeh was in Iran to attend the inauguration of the new Iranian president. Hamas quickly blamed Israel for the attack, although Israel has neither confirmed nor denied responsibility. Haniyeh’s death is a significant blow to Hamas, which has been engaged in indirect ceasefire negotiations with Israel, brokered by Qatar, Egypt, and the U.S.

Hezbollah Commander Killed in Beirut

Just hours before Haniyeh’s assassination, Fuad Shukr, a senior Hezbollah commander, was killed in an Israeli strike on the outskirts of Beirut. Hezbollah, a heavily armed militia group based in Lebanon, has long been involved in conflicts with Israel. Shukr’s death further complicates the already tense situation in the region.

Reactions and Implications

Iran’s Supreme Leader, Ayatollah Ali Khamenei, has vowed to seek revenge for Haniyeh’s death, raising the specter of further violence. The U.S. State Department has issued a travel advisory, warning Americans against traveling to Lebanon due to the rising tensions.

These assassinations come at a time when the region is already on edge following a series of violent incidents. The deaths of these key figures are likely to have significant repercussions, potentially undermining ongoing peace efforts and leading to further instability in the Middle East.


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