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 yield on Italy’s 10-year BTP climbed more than 10 bps to above 3.6%, approaching again the highest since April 2025, as investors increasingly expect a more hawkish stance from the European Central Bank amid renewed inflationary pressures. Geopolitical tensions from the Iran conflict have pushed energy prices higher, reviving inflation concerns and prompting markets to reassess ECB policy expectations. Although oil has eased from above $100 per barrel, the earlier spike has already influenced rate outlooks. Money markets now price in a potential ECB rate hike later this year, a significant change from earlier expectations of a modest cut. On Tuesday, Christine Lagarde reaffirmed the ECB’s commitment to take decisive action to keep inflation in check, despite the pressures from higher energy costs.
