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 traded around 4.9%, hovering near a five-week high as escalating tensions in the Middle East drove oil prices higher and stoked inflation concerns. The US has launched yet another wave of strikes against Iranian coastal military assets and reinstated a naval blockade of Iran. Meanwhile, inflation expectations in Australia have moderated for a third month running to a six-month low of 4.7% in July 2026, down from 5.5% the previous month. Still, markets currently price only a 20% chance of a rate hike in August and around 60% odds by December. Traders now await upcoming key employment and inflation data due later this month for fresh clues on the policy outlook. Elsewhere, easing US inflation pressures reduced expectations of a near-term Federal Reserve interest rate hike, pulling US Treasury yields lower and limiting upward pressure on Australian government bonds.
