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
Canada’s 10-year government bond yield eased slightly to 3.77% from a more than two-year high of 3.80% touched on September 3rd following the release of employment data. Employment in Canada declined by 41,700 in August, missing expectations for a 15,000 increase and following a 75,100 gain in July. The weak labor data could support a more dovish stance from the BoC. The BoC kept its key policy rate unchanged at 2.25% at its September meeting, as widely expected, but noted that inflation risks had increased while new tariffs had made the growth outlook more uncertain. However, Governor Macklem said policymakers were prepared to raise rates if inflation remained elevated. Meanwhile, US payrolls increased by 162,000, about three times the consensus estimate, boosting expectations for a September Fed rate hike.
