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 hovered around 4.56% on Thursday after falling for two straight sessions, as easing inflation pressures reduced expectations of a near-term Federal Reserve interest rate hike. Data released on Wednesday showed US producer prices unexpectedly fell in June for the first time in nearly a year, largely driven by lower energy costs, following Tuesday’s softer-than-expected consumer inflation report. Markets scaled back expectations for a Fed rate increase in September, with the implied probability dropping to around 44% from 50% a day earlier. Meanwhile, investors continued to monitor escalating attacks in the Middle East after the US launched additional strikes against Iranian targets. The renewed conflict pushed oil prices sharply higher this week, reviving concerns over inflation and the outlook for interest rates. Still, President Donald Trump said on Wednesday that Tehran had signaled a willingness to resume negotiations.
