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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 on Weak Fixing

The offshore yuan weakened to around 7.07 per dollar, retreating from a thirteen-month high reached in the previous session following the People’s Bank of China’s first weaker-than-expected fixing in months. The central bank set the daily midpoint at 7.0779 per dollar, softer than Reuters’ forecast of 7.0733. This marked the first downside surprise in the fixing since July 1, a move investors interpret as an effort to temper the currency’s appreciation and prevent excessive near-term gains. Meanwhile, investors are awaiting the upcoming PMI releases due this weekend for fresh insights into China’s economic momentum amid persistent domestic and external headwinds. Investors are also looking ahead to the forthcoming Politburo meeting and December’s Central Economic Work Conference (CEWC) for potential signals on next year’s macroeconomic strategy and policy priorities.

Today Markets

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