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 Canadian dollar stabilized around 1.365 per USD, after retreating from its eight-month low of 1.354 seen June 16th, as a softer greenback amid hopes for Fed easing continue to prop up most currencies even as the Canadian dollar pares a bit from its recent rebound. Domestically, the Canadian economy is likely set for a second consecutive monthly contraction of 0.1% in May, following a similar downturn in April, underscoring the economy’s vulnerability to US tariffs and trade uncertainty. At the same time, oil’s recent plunge, fueled by a stable Middle East ceasefire and ample US crude stocks, has trimmed a key support pillar for Canada’s terms of trade. Nonetheless, the Bank of Canada’s steady-as-she-goes stance, reinforced by persistent core inflation above target and hawkish forward guidance, has kept the Loonie buoyant.
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