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
Australia’s 10-year government bond yield fell to below 4.9%, retreating from multi-year highs to hit a four-week low as inflation concerns eased after US President Trump agreed to a two-week ceasefire with Iran. Less than two hours before a deadline for Iran to reach a deal or face intensified attacks, Trump announced a “double-sided ceasefire” linked to Iran’s agreement to reopen the Strait of Hormuz. He also said the US had received a 10-point Iranian proposal that provides a workable basis for negotiations, with the two-week window intended to finalize a broader settlement. The ceasefire could soften expectations for further tightening by the RBA, as easing oil prices may reduce near-term inflation pressure linked to earlier supply disruptions. Markets had been pricing a rate hike toward 4.35% or higher at the May meeting, partly due to elevated energy prices. Still, analysts warned that supply conditions could take months to fully normalize even if a lasting agreement is reached.
