S&P 500 — US Large Cap Index
FTSE 100 — UK Blue Chips
Euro Stoxx 50 — Eurozone Leaders
DAX 40 — German Equities
CAC 40 — French Market Index
Nikkei 225 — Japan Benchmark
Hang Seng — Hong Kong Index
Shanghai Composite — China Mainland
ASX 200 — Australian Market
TSX Composite — Canada Index
Nifty 50 — India Large Cap
STI Index — Singapore Market
KOSPI — South Korea Index
Bovespa — Brazil Equities
JSE Top 40 — South Africa Index
IPC Index — Mexico Market
Germany’s 10-year Bund yield fell to 3.14%, retreating from the 15-year high above 3.2% reached last week, as declining oil prices eased short-term inflation concerns. Brent crude retreated sharply from two-month highs after the US and Iran halted hostilities, fueling hopes for a diplomatic resolution that could restore shipping through the Strait of Hormuz. Money markets slightly pared expectations for further European Central Bank tightening but still price in nearly two 25bp rate hikes by February 2027. ECB Chief Economist Philip Lane said the current inflation shock remains moderate, requiring some policy tightening but not an aggressive response, while inflation is expected to return to the 2% target over the next year. Last week, the ECB left interest rates unchanged, following June’s rate increase, while signaling that another hike in September remains a possibility. Investors now await a fresh batch of inflation data later this week for further clues on the policy outlook.
