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 euro rebounded above $1.17, supported by a softer US dollar following weak US manufacturing data, and as investors largely shrugged off the US capture of Venezuelan President Nicolás Maduro. In Europe, economic data pointed to an unexpected slowdown in French inflation in December. The EU-harmonized index of consumer prices, closely monitored by the European Central Bank when setting monetary policy, rose 0.7% year on year, the weakest reading since May and below market expectations of a 0.8% increase. The figures are unlikely to materially alter market expectations for ECB policy. Last month, the central bank signaled that interest rates are likely to remain on hold, citing resilient economic growth and inflation close to its target. In the US, meanwhile, attention is turning to President Trump’s expected nomination of a new Federal Reserve chair in May, which has raised the prospect of a more dovish policy stance.
