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
Zinc futures rose to around $3,620 per tonne, hovering near a four-year high amid tightening near-term supply. A smelter in Central China is scheduled for routine maintenance in August, with output expected to fall by 1,000–1,500 tonnes, adding to near-term supply pressures amid recent disruptions at key facilities. Glencore’s Kazzinc in Kazakhstan continued to operate at reduced capacity following an explosion, Nexa’s Cajamarquilla smelter in Peru was gradually restarting operations after a fire, and uncertainty remained over output at Boliden’s Garpenberg mine after a seismic activity earlier this year. In addition, LME zinc stocks remained at their lowest level since May, while Shanghai Futures Exchange warehouse inventories dropped 0.8% from last week, pointing to tightening available supplies. Prices were also supported by a weaker US dollar after the Federal Reserve kept rates unchanged, making dollar-denominated commodities less expensive for buyers using other currencies.
