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 MarketThe offshore yuan edged down below 6.96 per dollar on Tuesday, easing from a thirty-two-month-high after the People’s Bank of China continued to set a weaker daily midpoint. The central bank fixed the yuan at 6.9858 before the market opened, slightly above the prior session and below market expectations. This continued trend of weaker fixings since November underscores Beijing’s cautious stance against rapid yuan appreciation. Still, the softer fix does not signal a policy shift, but rather reflects an effort to manage the pace of appreciation and preserve orderly market conditions. Meanwhile, China’s industrial profits posted its first monthly gain since September and its first annual rise since 2021 as Beijing’s measures to curb excess competition supported factory earnings. Markets now await upcoming PMI figures, with both official and private surveys due this week. Elsewhere, the US dollar remained under pressure amid growing concerns over the Federal Reserve’s independence.
