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 rose to around 2.59% on Wednesday, scaling its highest levels since 1997 as markets increasingly priced in an imminent interest rate hike from the Bank of Japan. The central bank’s Summary of Opinions from its April meeting indicated policymakers were open to rate increases as early as the next meeting, with surging oil prices heightening inflation risks. Members noted that the economy is recovering at a moderate pace but remains vulnerable to higher energy costs, while underlying inflation was seen gradually converging toward the 2% target. The OECD also projected that the BOJ’s policy rate could reach 2% by the end of 2027. Meanwhile, oil prices stayed elevated as diplomatic efforts to resolve the US-Iran war continued to stall, keeping inflationary pressures in focus.
