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 2.55% on Tuesday, hitting its highest level 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 showed policymakers signaling that rate increases could come as early as the next meeting, as surging oil prices intensified inflation risks. Members noted that Japan’s economy is recovering at a moderate pace but faces headwinds from higher energy costs, while underlying CPI inflation was seen moving closer to the 2% target. Several policymakers indicated that a rate hike could be warranted soon, with one stating that the BOJ should tighten policy unless clear signs of economic weakness emerge. Oil prices remained elevated after President Donald Trump questioned the durability of the US-Iran ceasefire following his rejection of Tehran’s latest peace proposal, adding to broader inflation concerns in global markets.
