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 Market
Japan’s 10-year government bond yield slipped below 2.8% on Friday after the Bank of Japan left its policy rate unchanged at 1%, in line with expectations, keeping borrowing costs at their highest level since September 1995 following a 25-basis-point rate hike in June. Policymakers nevertheless acknowledged upside inflation risks driven by demand-related price pressures linked to the conflict in the Middle East. Meanwhile, the yen rallied sharply amid suspected intervention by Tokyo, easing pressure on the BOJ to tighten monetary policy more aggressively to support the currency. Japanese financial assets have faced significant pressure this month from elevated energy prices, mounting fiscal concerns, and wide interest rate differentials, driving the yen to a 40-year low and the benchmark 10-year JGB yield to a 30-year high earlier this month.
