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 MarketFrance’s 10-year OAT yield jumped back above 3.5%, its highest level since January 21, as investors increasingly factored in a more hawkish approach from the European Central Bank amid renewed inflationary pressures. Rising geopolitical tensions linked to the Iran conflict have pushed energy prices higher, fueling inflation concerns and prompting markets to reassess the outlook for monetary policy. Although oil prices have eased from peaks above $100 per barrel, the earlier spike has already had a significant impact on rate expectations. Money markets are now pricing in an interest rate hike from the ECB later this year, a notable shift from the previously modest chance of a rate cut before the conflict. On Tuesday, Christine Lagarde reiterated that the central bank remains prepared to take all necessary actions to keep inflation under control, despite ongoing energy price pressures.
