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 Market
The South Korean won strengthened to around 1,480 per dollar, rebounding from the previous session and approaching its highest level since mid-May, amid South Korea’s latest efforts to internationalize the won. The government announced measures to improve foreign access to the currency, including allowing overseas financial institutions to borrow won through temporary overdrafts and use won-denominated bonds as collateral in financial transactions, building on the recent launch of a 24-hour dollar-won trading market. The currency also remained supported after the Bank of Korea raised its benchmark interest rate by 25 basis points to 2.75% last week, marking the start of a new tightening cycle aimed at curbing inflation and supporting the won. Meanwhile, escalating Middle East tensions lifted oil prices and boosted demand for the safe-haven US dollar amid renewed concerns over inflation and US interest rates.
