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 yield on the US 10-year Treasury note edged lower to 4.67% on Friday, pausing after a four-session rally that had lifted the benchmark yield to its highest level since January 2025. Oil prices eased during the session, helping push yields slightly lower, although tensions in the Middle East remained elevated, with US President Trump saying he would soon decide whether to launch a “massive attack” on Iran. On the data front, flash S&P Global PMIs showed that US services sector activity strengthened in July, while manufacturing growth slowed and price pressures intensified. Investors are now turning their attention to next week’s Federal Reserve policy decision. The central bank is widely expected to leave the federal funds rate unchanged, although markets are pricing in roughly a 35% probability of a rate hike. The probability of a September hike currently stands at nearly 80%.
