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 MarketWTI crude oil futures rose to $62.7 per barrel on Monday after a three-day decline, amid geopolitical tensions in Europe and the prospect of fresh EU sanctions against Russia. Reports over the weekend of Russian airstrikes on western Ukraine near the border of Poland, airspace violations in Estonia, and the entry of a Russian military plane in the neutral airspace over the Baltic Sea have raised concerns. Meanwhile, the EU proposed on Friday its 19th package of sanctions against Russia, which includes a ban on Russian LNG imports, as well as restrictions on 118 more shadow vessels and on Chinese and other foreign companies buying Russian oil, in the latest effort to pressure Moscow to end the war in Ukraine. Still, the upside in oil prices was limited by persistent concerns over ample supply and weakening demand. Iraq has ramped up oil exports following the gradual easing of voluntary production cuts under the OPEC+ agreement, adding to supply pressures.
