The Canadian dollar climbed to a three-week high as a broad risk-on trade lifted the currency, according to market reports. The move reflects a shift in investor appetite toward higher-yielding and commodity-linked assets, categories in which the Canadian dollar typically benefits given Canada's resource-heavy export base. Risk-on sessions tend to reduce demand for safe-haven currencies while channeling flows toward assets perceived as tied to global growth momentum. The loonie's advance suggests short-term sentiment has improved, though the durability of the move depends on whether the underlying macro conditions, commodity prices, U.S.-Canada trade dynamics, and rate differentials, continue to support the bid. Traders will watch for any reversal in broader risk appetite, which could quickly unwind the gain. Canadian fixed-income markets and rate expectations from the Bank of Canada remain additional variables that could influence near-term direction for the currency.
Indian startups raised $5.2 billion across 501 deals in H1 2026, down 9% in value but up 7% in deal count year-on-year, per the Inc42 Indian Tech Startup Funding Report. The drop is driven by fewer mega-rounds, while AI funding surged 317% and growth-stage deal activity hit a multi-year high.
The BSE Sensex fell 893 points and the Nifty 50 shed 279 points on June 30, 2026, wiping out roughly Rs 6 lakh crore in investor wealth in a single session. Both indices dropped 1.16%, closing at 76,200.68 and 23,824.10 respectively.
Kotak Mahindra Bank shares fell nearly 3% to Rs 397.6 after CEO Ashok Vaswani announced plans to exit the bank. Investor concern now centres on succession timing and whether the bank's ongoing digital and deposit-growth strategy will stay on track.
South Korea's Kospi dropped 3% at Monday's open while Japan's Nikkei fell 1%, as escalating US-Iran conflict triggered a broad risk-off move across Asian markets. South Korea's heavy reliance on Middle East oil imports makes it especially vulnerable to geopolitical shocks of this kind.
