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 MarketAustralia’s 10-year government bond yield rose above 5%, moving toward multi-decade highs as persistent uncertainty over the Middle East conflict kept inflation concerns elevated, while investors await the federal budget for guidance on future issuance. Australia’s government is set to unveil its annual budget later today, with expectations of a narrower-than-forecasted deficit of around A$25 billion, or 0.8% of GDP. The budget is expected to emphasize spending restraint and signal a potential pullback in bond issuance. Commonwealth Bank of Australia estimates issuance could fall to about A$115 billion in fiscal 2027, down from roughly A$125 billion this year. Some analysts also note that a lower government cash balance would make Australian debt more attractive, supporting demand if supply pressures ease. Meanwhile, ongoing difficulties in US–Iran diplomacy and a potential resumption of military operations in the conflict, kept energy prices and inflation risks elevated.
