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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
Palm Oil

Palm Oil Dips on Profit-Taking

Malaysian palm oil futures slipped below MYR 4,650 per tonne, pulling back from recent gains as traders locked in profits after prices hit a near four-week high. Weaker edible oil prices on the Dalian and Chicago exchanges also weighed on sentiment. Meanwhile, softer crude oil prices reduced support for biofuel feedstocks, following reports of renewed U.S.-Iran mediation efforts. Demand worries added to the slide after June palm oil imports in top consumer India dropped to a 14-month low, with narrowing price discounts curbing buying. Still, losses were capped by supply risks: Malaysia’s meteorological agency warned of record-high temperatures next year as El Niño intensifies, threatening yields. The U.S. Climate Prediction Center likewise noted El Niño strengthened last month and is expected to persist through early 2027. Export data for July 1–20 were mixed, with AmSpec Agri Malaysia reporting a 0.9% decline from June, while Intertek Testing Services estimated shipments rose 4.1%.

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