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
Rabobank analysts flag that final March CPI across the Eurozone will refine how the Hormuz-driven energy shock feeds into Euro-area inflation. Politically, Hungary’s new government may unblock the EU’s €90B Ukraine loan and supports NATO, while Brussels pushes qualified majority voting on foreign policy, underscoring evolving EU governance that could influence Euro sentiment over time.
Eurozone CPI and shifting EU stance
“In Europe, final March CPI prints across the Eurozone will refine the unfolding picture of the Hormuz inflation shock.”
“Yes, in Europe, following Orban’s electoral defeat in Hungary, new PM Magyar has hinted at ending the block on the EU’s key €90B Ukraine loan, and has reiterated his support for NATO, if not necessarily for Ukraine itself. And, yes, on the back of this, European Commission President Von der Leyen is now pushing to end individual countries’ vetoes over EU foreign policy in favour of qualified majority voting.”
“However, this remains a politically contentious issue even within the most pro-European member states, while the above again points to the ongoing structural shifts underway in our geopolitical and geoeconomic architecture, with major market implications, which the Iran war is naturally accelerating.”
