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 rose above 4.7% on Tuesday, moving closer to its highest level since January as surging oil prices strengthened expectations that the Federal Reserve could raise interest rates. The move came amid continued uncertainty over efforts by the US and Iran to reach an agreement to end the war and reopen the Strait of Hormuz. After Tehran called for financial compensation over damages suffered during the conflict, Trump said he had directed US representatives to insist on compensation from Iran in any future negotiations, further complicating diplomatic efforts. Meanwhile, investors awaited key US inflation data due this week for additional guidance on the monetary policy outlook. Markets are now pricing in around a 51% probability of a 25 basis point Fed rate hike in September, up from 44% a day earlier. Cleveland Fed President Beth Hammack said multiple rate increases could be necessary to bring inflation back to the central bank’s 2% target.
