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 People’s Bank of China (PBOC) kept key lending rates at record lows for the fourth consecutive month during the September fixing, in line with market expectations. The move followed the central bank’s decision to leave the seven-day reverse repo rate unchanged last Thursday. The decision came amid easing Sino-US trade tensions, even as growing signs pointed to a loss of momentum in China’s economy in August, alongside US monetary easing. The one-year Loan Prime Rate (LPR)—the benchmark for most corporate and household loans—was held steady at 3.0%, while the five-year LPR, which guides mortgage rates, remained unchanged at 3.5%. Both rates were previously cut by 10 bps in May. Economic data released last week showed that industrial output in August grew at its slowest pace since August 2024, while retail sales posted their weakest growth in nine months. Although new yuan loans rebounded in August after an unexpected contraction in July, lending came in well below expectations.
