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 MarketJapan’s 10-year government bond yield climbed above 1.71% on Monday, reaching its highest level since 2008 amid stronger-than-expected growth data. Japans economy contracted 0.4% quarter on quarter in the three months to September, reversing a 0.6% expansion in Q2 but beating market forecasts for a 0.6% decline. The rise came despite Prime Minister Sanae Takaichi urging the Bank of Japan to maintain low interest rates. BOJ Governor Kazuo Ueda, however, pointed to resilient consumption supported by higher household incomes and a strengthening labor market, noting that underlying inflation is gradually approaching the BOJs 2% target and leaving the door open for an imminent rate hike. Meanwhile, growing fiscal concerns in Japan, fueled by expectations of aggressive stimulus measures, added further upward pressure on JGB yields.
