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 US economy likely expanded at an annualized rate of 2.1% in Q2, matching the pace recorded in Q1 and signalling continued resilience despite the conflict in the Middle East, elevated gasoline prices, and the impact of tariffs. Consumer spending is expected to have remained robust, accelerating from the previous quarter as larger tax refunds and the FIFA World Cup provided additional support. Business spending on equipment likely posted another quarter of double-digit growth, driven by continued investment in AI-related technologies. However, investment in structures is expected to have remained weak, contracting for a tenth consecutive quarter, while residential investment likely declined for a sixth straight quarter. Meanwhile, net trade is expected to have weighed on overall growth, possibly subtracting more than one percentage point from GDP.
