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 climbed to 3.6%, reaching its highest level since early January as escalating tensions in the Middle East heightened inflation concerns and strengthened expectations of further interest rate increases. Oil prices continued their upward trend, briefly moving above $100 per barrel after Iran intensified attacks on oil and transportation infrastructure across the region. Meanwhile, the International Energy Agency’s plan to release 400 million barrels from strategic reserves offered limited immediate relief, as the supply could take weeks or even months to reach the market. Money markets are fully pricing in a European Central Bank rate hike by July, with an 85% chance of a second increase by December. This marks a notable shift from late February, before the outbreak of the Iran war, when traders had placed roughly a 40% probability on an ECB rate cut before the end of the year.
