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S&P 500 — US Large Cap Index
NASDAQ 100 — Tech Growth Index
Dow Jones — Industrial Average
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
AED • EUR • GBP • USD IBANs   |   CROSS BORDER FX   |   LOCAL CURRENCIES   |   GLOBAL COVERAGE
Bonds

Japan 10-Year Yield Steadies

Japan’s 10-year government bond yield held around 2.18% on Wednesday as investors monitored developments in the Middle East and volatility in oil markets. The Trump administration sent mixed signals on the Iran war, with President Donald Trump saying the conflict could end soon amid mounting market pressure, while senior officials indicated that military operations were intensifying and that diplomatic talks remained unlikely. Meanwhile, oil prices fell further after reports that the IEA proposed the largest release of oil reserves in its history to help stabilize markets. Japan is highly vulnerable to oil shocks given its reliance on energy imports from the Middle East, but the country stands ready to tap its emergency reserves to offset supply risks. Separately, a sale of Japan’s five-year government bonds drew stronger demand than its 12-month average, reflecting receding expectations of a potential Bank of Japan rate hike.

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