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
European natural gas prices climbed to €48.7 per MWh on Wednesday, building on strong gains from the previous session as renewed tensions in the Middle East stoked fears of a new wave of supply disruptions. The US military launched a new wave of strikes against Iran and revoked a license permitting the country to sell oil in retaliation after three merchant vessels were struck in the Strait of Hormuz. The fresh attacks cast doubt on the fragile diplomatic understanding between the two nations that had reopened the vital shipping route last month. Additional support came from forecasts of an intense heatwave across parts of Northwest Europe, which is expected to boost electricity demand for air conditioning and increase gas-fired power generation. The rise in demand comes amid the slower-than-usual seasonal pace of gas injections into European storage facilities. Gas flows from Norway, now Europe’s single largest pipeline provider, fell following unexpected maintenance.
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