Skip to main content

Featured

Markets Rally Into Tariff Deadline: TSX Gains, Loonie Jumps, Gold Near Records

  Thursday, August 20, 2026 Wall Street snapped a three-day losing streak and the TSX edged to a fresh closing high on Wednesday as a surprise move from the U.S. Treasury calmed the bond market — but Canada's real test comes tomorrow, when the pause on 50% U.S. tariffs is set to expire at end of day Friday. Gold pushed to a two-month high, the loonie jumped to its best level in weeks, and Walmart's earnings this morning gave the first hard read on how tariff-era prices are landing with shoppers. Here's everything moving Canadian money today. 🇨🇦 TSX: Gold Miners Surge, Big Banks Slide The S&P/TSX Composite closed at 36,401.79 , up 33.86 points (+0.09%) on Wednesday — a modest gain that masked a sharp split under the hood. Gold miners exploded higher as bullion hit two-month highs: Agnico Eagle surged 10.5%, Wheaton Precious Metals jumped 10.4% and Barrick Gold added 6.7%. On the other side, the Big Five banks were hit hard as rising oil prices stoked fresh inflation w...
Post a Comment
Read more

article

Labels

Hospitals Overwhelmed as New Virus Spreads in China

Hospitals across northern China are facing unprecedented pressure as a surge in cases of Human Metapneumovirus (HMPV) overwhelms healthcare systems. The virus, which causes flu-like symptoms, has led to overcrowded emergency rooms and intensive care units, reminiscent of the early days of the COVID-19 pandemic.

HMPV, a respiratory virus discovered in 2001, typically causes mild symptoms such as cough, fever, and congestion. However, this winter has seen a significant spike in infections, particularly among children and the elderly. Health authorities are implementing emergency measures to manage the outbreak, but the sheer volume of cases is straining resources.

The Chinese Center for Disease Control and Prevention (CDC) has reported that while the virus is not new, the current outbreak is more severe than usual. Officials are urging the public to take precautions such as frequent handwashing, wearing masks, and avoiding close contact with sick individuals.

Despite the challenges, experts remain optimistic that the situation can be managed with coordinated efforts and public cooperation. The global community is closely monitoring the situation, hoping to prevent a repeat of the widespread impact seen during the COVID-19 pandemic.

As the world watches, the resilience of China's healthcare system and the effectiveness of its response will be put to the test once again.



Labels:

Comments

Post a Comment