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 just below $1.31 as traders awaited the UK’s Nov. 26 budget. Finance minister Rachel Reeves is expected to find tens of billions of pounds to meet her fiscal rules, and reports that she might avoid tax hikes briefly unsettled markets. The OBR will reportedly cut growth forecasts for 2026 and beyond, widening a £20–30 billion hole in the public finances and increasing pressure for tax rises. Recent data underline the challenge: borrowing is at a record high outside the pandemic, business activity has stalled, retail sales fell sharply, and consumer sentiment weakened. Meanwhile, inflation eased to 3.6% in October, boosting expectations that the Bank of England will cut rates next month. Markets now see an 80% chance of a 25-bp cut in December.
