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 steadied around 2.41% on Wednesday after declining in the previous session, as uncertainty persisted over the Bank of Japan’s monetary policy outlook. Earlier this week, BOJ Governor Kazuo Ueda stressed the need to closely monitor the economic impact of the Iran conflict, warning that higher oil prices could dampen Japan’s growth outlook. Markets are now pricing in roughly a 40% chance of a BOJ rate hike later this month, down from nearly 60% a week earlier. Meanwhile, the US and Iran are reportedly preparing for a second round of peace talks before the current two-week ceasefire expires, even as escalating tensions in the Strait of Hormuz continue to heighten global energy risks. Japan’s economy remains vulnerable to the supply shock from the Iran conflict, given its heavy reliance on Middle East oil imports.
