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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
Palm Oil

Palm Oil Eases on China Demand Concerns, Stronger Ringgit

Malaysian palm oil futures edged lower after recent gains, hovering below MYR 4,600 per tonne amid a firmer ringgit and weaker demand prospects from major buyer China as the economy grew at its slowest pace in 3-1/2 years. In India, the top palm oil importer, purchases fell to a 14-month low in June as demand fell and a narrowing price discount to rival oils reduced buying interest. Meanwhile, the EU confirmed imports of palm oil derivatives will be subject to its anti-deforestation rules from December 2027. Still, losses were capped by strength in rival edible oils on the Dalian and Chicago markets, along with stronger crude oil prices after U.S. President Trump reimposed a naval blockade in the Strait of Hormuz. Meanwhile, the B50 biodiesel mandate in Indonesia, the largest supplier, is expected to spur domestic palm oil consumption. Traders now await export data for the first half of July, after shipments rose 1.6%–5.1% in the July 1–10 period compared with the same period in June.

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