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 Melbourne Institute Monthly Inflation Gauge rose 1.0% month-on-month in July 2026, reversing a 0.4% decline in June and marking its first increase since April, pointing to renewed inflationary pressures. The reading aligns with the Reserve Bank of Australia’s June meeting minutes, which indicated that underlying price pressures were expected to intensify in the June quarter. Official data showed headline inflation eased to 4.0% in May from 4.2%, mainly due to lower fuel prices. However, underlying inflation remained persistent, with the trimmed mean accelerating to 3.6% from 3.4% as businesses passed through higher costs linked to Middle East tensions. Governor Michele Bullock recently reiterated that underlying inflation remains too high and warned it could rise further as higher oil prices stemming from the Iran conflict feed into broader prices, reinforcing expectations that the RBA will remain cautious on policy easing.
