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
The offshore yuan weakened to around 6.78 per dollar on Friday, putting the currency on track for a weekly loss as a resilient US dollar capitalized on intensifying rate-hike bets. While the Federal Reserve recently left interest rates unchanged as widely anticipated, roughly half of the FOMC policymakers now project at least one additional rate hike by the end of 2026. On the domestic front, traders are closely watching next week’s fixing of the one- and five-year Loan Prime Rates (LPR). The upcoming policy decision carries extra weight following a string of recent data underscoring China’s uneven economic growth. Meanwhile, Hong Kong is set to debut its highly anticipated offshore yuan bond futures this August. The milestone launch represents a strategic push by Beijing to cement the city’s status as a premier global offshore yuan hub while accelerating the broader internationalization of the currency.
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