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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 Strengthens on Rising Exports, Crude Upswing

Malaysian palm oil futures traded above MYR 4,550 per tonne, rebounding from the prior session’s lull as a weaker ringgit and strength in Dalian and Chicago edible oil markets lent support. Exports also lifted sentiment, with cargo surveyors estimating July 1–5 palm oil shipments rose between 10.6% and 11.1% from the same period in June. A rally in crude oil prices added to the upside after U.S. airstrikes on Iran and renewed sanctions on its oil exports boosted palm’s appeal as a biodiesel feedstock. However, gains were capped by palm oil imports by top consumer India declining to a 14-month low in June amid sluggish demand and narrower discounts versus rival oils. Meanwhile, Reuters projected Malaysian inventories likely hit a record June high as output outpaced demand. At the same time, traders remained cautious ahead of the Malaysian Palm Oil Board’s monthly report later this week. In China, another key buyer, June CPI and PPI data will be closely watched for fresh cues on demand.

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