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 held above 5%, moving near its highest level since July 2011 as a global oil shock tied to the prolonged Middle East conflict intensified inflation risks and clouded the economic outlook. Oil prices continued to climb as the conflict in Iran entered its fifth week, with renewed attacks in the region increasing risks to global energy supply. In response, Australia’s Prime Minister Anthony Albanese announced a temporary cut to fuel taxes to help ease cost pressures, underscoring the broader impact on the economy. Focus now turns to the release of the Reserve Bank’s March meeting minutes after a narrow vote to raise rates to 4.1%, with investors watching how policymakers balance persistent inflation against slowing growth, especially as fuel shortages have emerged in parts of the country. Economists are increasingly cautious, with some warning of a potential second-quarter contraction as higher rates and energy costs weigh on consumption.
