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
The Bank of Japan kept its short-term policy rate unchanged at 1.0% at its July 2026 meeting, leaving borrowing costs at their highest level since September 1995 after raising the rate by 25bps in June, as the board warned that underlying inflation could exceed the 2% target. The widely expected decision passed by an 8-1 vote, with board member Hajime Takata dissenting and calling for a hike to 1.25%. The board judged risks to economic activity to be broadly balanced, while noting the need to monitor the impact of global AI-related demand and yen movements. In its quarterly outlook, the BoJ cut its FY2026 inflation forecast to 2.5% from 2.8% on the fading impact of elevated oil prices. Policymakers slightly raised their FY2026 GDP growth forecast to 0.6% from 0.5%, citing resilient domestic demand and government measures to ease households’ summer energy costs. For FY2027, the BoJ lifted its inflation forecast to 2.4% from 2.3%, while raising its GDP growth outlook to 0.8% from 0.7%.
