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
Germany’s 10-year Bund yield edged lower to 3.15% on Friday, tracking a decline in oil prices as energy supplies continued to move through key maritime routes despite limited progress in US-Iran talks. Even so, the benchmark yield gained 28 basis points in July, its largest monthly increase since March, while the two-year Bund yield climbed more than 22 basis points, as growing concerns over the longer-term inflationary impact of the Middle East conflict prompted investors to increase bets on further ECB rate hikes. Money markets now fully price the European Central Bank’s deposit rate at 2.75% by early 2027 following stronger-than-expected GDP data and persistent inflationary pressures across the euro area. After raising interest rates in June and leaving them unchanged in July, the ECB is now expected to deliver two additional rate hikes, with the first potentially coming as early as September.
