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 yield on the US 10-year Treasury note held around 4.77% on Tuesday, remaining close to three-year highs as investors awaited US inflation data due this week that could provide greater clarity on the interest rate outlook ahead of the Federal Reserve’s policy meeting next week. Markets are currently pricing in roughly a 60% probability that the US Federal Reserve will deliver a 25-basis-point rate hike next week following stronger-than-expected jobs data released on Friday. The US economy added 162K jobs in August, well above expectations for a 56K increase, while employment figures for the prior two months were also revised slightly higher. The European Central Bank and Bank of Japan are likewise expected to raise interest rates this month. Meanwhile, investors continued to monitor developments in the Middle East as renewed US-Iran fighting drove oil prices higher, keeping inflation risks firmly in focus.
