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 steadied around 7.11 per dollar on Thursday, as China signaled reduced urgency for further monetary policy easing amid persistent domestic and external headwinds. The one-year Loan Prime Rate, the benchmark for most corporate and household lending, was kept unchanged at 3%, while the five-year LPR, which serves as the key reference for mortgages, remained at 3.5% after a 10 bps cut in May 2025. This decision came after the central bank earlier in the month opted to leave the seven-day reverse repo rate unchanged, reinforcing expectations of a more cautious policy stance. Recent economic data showed that fixed-asset investment posted a notable contraction, industrial production and retail sales continued to lose momentum, and an unexpected decline in exports further deepened worries about China’s growth outlook. Externally, the yuan came under pressure from a stronger US dollar, as markets scaled back expectations for a Federal Reserve interest rate cut in December.
