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S&P 500 — US Large Cap Index
NASDAQ 100 — Tech Growth Index
Dow Jones — Industrial Average
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
CNHUSD

Offshore Yuan Retreats from Multi-Year High

The offshore yuan slipped to around 6.76 per dollar on Tuesday, retreating from a more than three-year high reached in the previous session as investors weighed a mixed set of economic data from China. New home prices across 70 cities marked the 35th consecutive month of contraction and remaining at their steepest pace since May 2025, while fixed-asset investment declined more than market expectations in the January–May period. Moreover, retail sales unexpectedly fell in May, marking the first annual decline since December 2022. Providing some support, industrial output exceeded market expectations in May, accelerating from April’s near three-year low. In addition, the surveyed urban unemployment rate eased to a five-month low in May. Adding to the currency’s pullback, Allianz Global Investors scaled back some of its bullish yuan positions and shifted to a neutral stance, locking in gains after a rally that propelled the yuan to become Asia’s best-performing major currency this year.

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