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
Brent crude futures jumped more than 4% to above $97 per barrel on Monday, rebounding from a two-session decline after Iran and Israel exchanged missile strikes, threatening to derail President Trump’s efforts to secure a new 60-day ceasefire with Tehran. The proposed truce is intended to pave the way for broader negotiations aimed at ending the conflict permanently. Trump also called on both sides to avoid further military action and reiterated that negotiations remain ongoing despite the renewed hostilities. Meanwhile, the prolonged conflict and the continued near-closure of the Strait of Hormuz have disrupted energy supplies from the Persian Gulf, providing ongoing support to oil prices. Separately, OPEC+ approved another increase in July oil production quotas of 188,000 barrels per day despite persistent supply risks stemming from tensions in the Middle East.
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