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 climbed to 3.12%, rebounding from two-week lows as renewed military exchanges between the US and Iran lifted oil prices and renewed inflation concerns. Investors also remained cautious ahead of the Federal Reserve’s policy decision later in the day, with the central bank widely expected to keep interest rates unchanged, although markets continue to price in roughly a one-third chance of a 25 bp hike. In the euro area, money markets are pricing in nearly two ECB rate hikes by March 2027. ECB Governing Council member Peter Kazimir said at least one more rate increase will likely be needed to bring inflation under control, adding that a weaker economic outlook could justify even more tightening than markets currently expect. Chief Economist Philip Lane said the current inflation shock remains moderate, reinforcing the case for further policy tightening. Investors now await euro area inflation data later this week for fresh signals on the ECB’s policy outlook.
