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 British pound hovered around $1.34, staying above the four-week low of $1.338 touched on January 15, as US-Europe tensions appeared to ease for now. US President Donald Trump said he would refrain from imposing tariffs on goods from European countries opposing his plan to take control of Greenland. He also noted that a “framework for a future deal” had been agreed following talks with NATO, though details of any agreement remain unclear. Meanwhile, investors digested a batch of UK economic data. The public sector budget deficit narrowed to £11.6 billion in December, below market expectations of £13 billion. Headline CPI inflation rose to 3.4%, slightly above forecasts of 3.3%, while services inflation, a key measure of domestic price pressures watched by the Bank of England, edged up to 4.5% from 4.4%, marking a smaller-than-expected increase. The unemployment rate remained at 5.1%, a pandemic-era high, while wage growth slowed to 4.5%, its weakest pace since April 2022.
