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 held steady at 98 on Tuesday, remaining near its lowest level since early October, as investors awaited the Federal Reserve’s December meeting minutes for further clues on the path of interest rates. Markets are currently pricing in two more rate cuts in 2026, although Fed officials were divided over their next move, with most foreseeing only one reduction. Meanwhile, data on Monday showed that pending home sales jumped 3.3% in November, beating forecasts of a 1% increase, signaling improving housing demand. However, the Dallas Fed manufacturing survey indicated weaker business conditions in December. So far this year, the dollar has declined 9.6%, marking its sharpest fall since 2017. The greenback’s weakness reflects a combination of factors, including expectations of Fed rate cuts, narrowing interest rate differentials with other major currencies, President Trump’s chaotic tariff policies, and concerns over fiscal deficits and the Fed’s independence.
