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 US dollar edged below 98 on Monday, trading sideways near its lowest level since early October as holiday-thinned trading continued and markets priced in rate cuts next year. Investors still factor in two more rate cuts in 2026, though Federal Reserve officials are split on the path forward, with the majority forecasting just a single additional reduction. Markets will also watch for the new Fed Chair, with President Trump set to announce Powell’s successor in early 2026, a move likely to influence the rate-cut outlook. Traders now turn to the FOMC minutes, due Tuesday, for further guidance on monetary policy. The dollar is on track for an annual loss of more than 9% in 2025, its steepest decline since 2017, pressured by Trump’s aggressive tariff policies and threats to Fed independence.
