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
Thermal coal futures fell to around $130 per ton in early August, pulling back from more than one-month highs as India’s coal production increased 7.51% year-on-year to 69.75 million tons in July, strengthening domestic supply and reducing the country’s reliance on imported coal. India also delivered larger coal volumes to power plants and other downstream consumers. Coal prices were further pressured by a sharp decline in oil prices following reports of an imminent agreement between the US and Iran to reopen the Strait of Hormuz. Lower oil prices reduced the incentive for fuel switching, particularly among energy-importing countries in Europe and Asia. Meanwhile, coal demand in China picked up after a relatively mild start to the summer gave way to hotter weather, driving higher air conditioner usage and increased electricity consumption.
