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CHF WEEKLY ROUNDUP: Sept. 14 - 18, 2026

19 minutes ago
5 min read

Volatility in global markets eased this week, possibly signalling better trading days ahead. Asian shares caught a lift from a rally on Wall Street following the U.S. interest rate announcement, and oil prices declined on the latest peace effort. European markets are lower today.


Canadian markets were lifted by the U.S. interest rate announcement. The TSX opened higher on Thursday to finish up 0.12% over 5 days, slowing its decline since Canada imposed retaliatory tariffs in the U.S. The Venture exchange was down 2.3% over that five-day period. With over a month to go until the Bank of Canada’s next decision on October 28, 2026, the probability of a BoC rate increase has gone up. The Canadian dollar (CAD) dropped sharply against the U.S. Dollar (USD) on the Fed’s announcement and continued to drift lower. BoC may need to raise rates to defend the Canadian currency and prevent the weak CAD from importing inflation.


The U.S. Federal Reserve (Fed) also raised its key rate Wednesday this week, raising the federal funds rate by a quarter of a percentage point for its first hike in more than three years. Officials also signalled they may raise the federal funds rate one more time this year as they try to get high inflation in the U.S. under control. Fed Chair Warsh said, “Inflation is too high and has been for too long, and the Fed’s predominant focus is on the price stability side of our mandate.” President Trump was not pleased, fuming on social media that "Interest Rates in the United States should be 1%, or less, because we are the Best Credit in the World”. The USD continues to strengthen against global currencies.


The European Central Bank (ECB) raised all three of its key interest rates by 25 basis points on September 10, 2026, and this week the Bank of Japan raised their benchmark interest rate to 1.25% from 1.0%, a 31-year high. The Bank of England held interest rates at 3.75%, but the governor said high energy costs may lead to a future increase.  Central Bankers seem to miss the reality that this isn’t any ordinary inflation problem. It’s mainly a result of high energy prices caused by the war with Iran and continuing excess deficit spending by governments. The bankers can neither reopen the Strait of Hormuz nor hold back government spending.  Raising interest rates under these conditions risks slowing down the global economy without any reduction in inflation rates to show for it. The odds of a follow-up hike at the October 28 Fed meeting currently sit at 55%, which tells you the market is not convinced this is a one-time increase.


Gold opened at USD$4,348.60/oz this morning, settling back a little after running up by over USD$200/oz following the Fed rate announcement. Silver is up USD$5.00/oz after the rate increase and opened at USD$66.19/oz this morning. U.S. bond yields are down, as is the oil price. These are supportive of the precious metals. Producer shares remain undervalued, even as cash floods into their treasuries. The next round of earnings will reflect the recovery in prices after the summer of lower income. Be positioned and keep looking for openings to buy the metals and the stocks. China's Central Bank bought another 20 tons of gold in June.


Copper gained USD$0.25/lb after the Fed rate announcement and opened at USD$6.60/lb today. Most other metals also spiked following the rate increase. Cobalt and Lithium continued to drift lower during the last two weeks.


We are pleased to present our roundup of client news released between September 14 and 18, 2026.

Mining


On September 16, 2026, Arya Resources (TSXV: RBZ) announced the appointment of Roger B. March, P.Geo., as Executive Vice President, Exploration. Mr. March has served as a director of the Company since January 2026.


Mr. March is a senior exploration and mining executive with more than 30 years of technical and managerial experience advancing mineral projects from grassroots exploration through resource definition, feasibility, permitting and development. "Roger brings a rare combination of exploration success, resource-growth experience and project-development expertise that is highly relevant to Arya and the Wedge Lake Gold Project," said Rasool Mohammad, President and CEO of Arya.


On September 16, 2026, Rocky Shore Gold Ltd. (CSE: RSG) (OTCQB: RSGLF) announced that it has entered into an option agreement for the Handcamp Property, a purchase agreement for the Springdale Property, and has completed the staking of additional claims in the province of Newfoundland and Labrador, Canada. Both properties and the staked claims trend within the Roberts Arm VMS belt, host to the former high-grade Buchans VMS mine.


The newly termed Rocky Pond VMS Project has the potential to enhance the Company's discovery profile in a VMS belt known for gold-rich polymetallic mineralization.


Key Rocky Pond Highlights:

  • Handcamp Zone hosts gold-rich VMS mineralization (Zn, Pb, Cu, Ag) trending for 1,200 metres across shallow depths and remains open along strike and depth.

  • Project hosts a 40-kilometre-long trend of the prolific Roberts Arm VMS Belt northeast of and on trend to the high-grade former producing Buchans VMS mine.

  • Additional surface mineralization identified at Loon Pond, showing 15 kilometres northeast and on trend to the Handcamp Zone

Ken Lapierre, President and CEO of Rocky Shore Gold, commented, "We are fortunate to have secured such a project as we believe it is an opportunity that may significantly enhance Rocky Shore's discovery profile. We are now firmly established in two exciting districts in central Newfoundland.”


On September 17, 2026, Rocky Shore Gold Ltd. (CSE: RSG) (OTCQB: RSGLF) announced that it is undertaking a non-brokered private placement to raise aggregate gross proceeds of up to $5,000,000 through the sale of common shares of the Company that qualify as "flow-through shares" (as defined in subsection 66(15) of the Income Tax Act (Canada)) at a price of CAD$0.15 per FT Share. The proceeds from the Offering will be used for the exploration and advancement of the Company's projects in central Newfoundland.


Fintech


On September 15, 2026, Tenet Fintech Group Inc. (CSE: PKK) (OTCID: PKKFF) (FSE: WKN A2P30L) announced that it has reached an agreement with two of the directors of the Company's Asia Synergy Financial Capital (ASFC) subsidiary to sell them the Company's 51% ownership stake in ASFC for the amount of CAD$10.2M. The sale of ASFC is consistent with Tenet's previously announced plans to focus and limit its Chinese operations on gathering SME data and facilitating supply-chain-related transactions through the Company's Cubeler Business Hub and GoldRiver platforms.


On September 18, 2026, Tenet Fintech Group Inc. (CSE: PKK) (OTCID: PKKFF) (FSE: WKN A2P30L) announced that it has signed a framework agreement with Bin Zayed Group subsidiary Bin Zayed Investment (Ningbo) Co. ("BZI") whereby the Company's Cubeler Business Hub would be used to help BZI identify, analyze and evaluate private equity investment opportunities, beginning in Asia and eventually in other regions of the world where BZI is active, including the Middle East, where the Company hopes to expand its service offerings in 2027 in collaboration with BZI.


Save the Date


Tenet Fintech Group Inc. (CSE: PKK) (OTCID: PKKFF) (FSE: WKN A2P30L) will be a sponsor of the 2026 edition of the Ignite conference, to be held in Montreal from September 22 to September 25, 2026.


Organized by Certified Professional Bookkeepers of Canada (CPB) and first held in 2018, the Ignite Conference (https://ignite.cpbcan.ca/ignite2026) is Canada's largest annual gathering of bookkeepers and accountants, where many of CPB Canada's 2,300-plus members come every year to connect and learn about new products, services and technologies to improve their operations and better serve their more than 100,000 collective small- and medium-sized business clients.


 

 
 
 

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