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
The UK 10-year gilt yield fell to around 4.95% as renewed hopes for a deal to reopen the Strait of Hormuz pushed oil prices lower, easing concerns over inflation. Crude declined after Pakistan signaled that the US and Iran were “close to some sort of arrangement” aimed at reducing tensions and restoring shipping through the strategic waterway. The comments offered a more positive assessment after President Donald Trump had toughened his stance toward Tehran, demanding reparations for deaths linked to Iran and domestic protests. Meanwhile, the Bank of England left interest rates unchanged in July, with Governor Andrew Bailey saying the disinflation process remained on track despite external risks. Recent BRC data showed UK retail sales increased 1.3% year-on-year in July, below the 12-month average, suggesting subdued consumer activity, while Barclays data showed household spending rose 2%, its strongest growth of the year.
