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 MarketThe 10-year Canadian government yield slipped toward 3.07%, nearing six-month lows as markets moved to price in greater odds of monetary easing on both sides of the border. In Canada, markets priced a near-certain 25bp Bank of Canada cut and Washington’s abrupt termination of trade talks raised the prospect of tariffs and weaker exports, increasing the likelihood that tariff and sectoral frictions will squeeze business investment and export revenues, depressing growth and nudging the BoC toward further easing to offset those effects. Markets now assign a high probability to a 25bp cut at the October 29th meeting after a run of soft domestic activity and survey readings. In the United States, a softer-than-expected inflation print firmed market bets that the Federal Reserve will cut rates again this year and sent Treasury yields down.
