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
Japan’s 10-year government bond yield held around 2.98% on Monday, remaining near its highest level in three decades as investors prepared for the Bank of Japan’s policy meeting this week. The BOJ is widely expected to raise its policy rate to 1.25% on Friday, the highest since April 1995, as the central bank contends with persistent upside risks to prices. Markets are also watching for BOJ guidance on the possibility of another rate hike later this year. Meanwhile, US Treasury Secretary Scott Bessent has repeatedly called on the BOJ to tighten policy more aggressively to prevent excessive yen weakness. Oil prices also extended their gains after Saudi Arabia shut down the critical East-West pipeline that bypasses the Strait of Hormuz, adding to inflation concerns. Japan’s economy depends heavily on oil imports from the Middle East, leaving it particularly exposed to sharp swings in energy prices.
