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 traded above $1.365, hovering near its strongest level since early July, supported by a weaker US dollar and signs of accelerating price pressures in the UK. Data from the British Retail Consortium showed shop prices rose 1.5% year on year in January, the sharpest increase since February 2024 and well above market expectations of 0.7%, reviving concerns over persistent price pressures and potentially limiting the scope for the Bank of England to cut interest rates in the coming months. Meanwhile, broader market sentiment remained cautious as US President Donald Trump threatened higher tariffs on South Korean goods, following similar warnings to Canada and Europe. Investors are also looking ahead to the US Federal Reserve’s policy decision on Wednesday, with rates expected to stay unchanged and speculation mounting that a more dovish successor to Fed Chair Jerome Powell could be announced this week.
