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 MarketGermany’s 10-year Bund yield held above 3.05%, near multi-year highs, as investors bet on imminent ECB rate hikes to combat inflation. The rise reflects ongoing global energy disruptions, with oil prices at four-year peaks and the Strait of Hormuz still closed due to the US-Israeli conflict with Iran. Markets now price in over three ECB hikes this year. Though the ECB kept rates unchanged at its last meeting, it left the door open for future moves, citing inflation risks and growth concerns. ECB President Christine Lagarde confirmed the unanimous decision to hold, though a hike was debated. Meanwhile, officials Joachim Nagel, Madis Müller, and Peter Kazimir signaled potential tightening as early as June, warning of worsening inflation and persistent price pressures.
