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 fell to 4.67% on Monday, supported by lower oil prices and easing inflation concerns as hopes grew that tensions in the Middle East could ease. US President Trump said negotiations with Iran would begin on Monday afternoon and canceled a planned attack on the country. Investors are also awaiting a fresh batch of US economic data this week, including the closely watched employment report, for further clues on the strength of the labor market. Last week, the Fed left interest rates unchanged, although three policymakers dissented. Markets are now pricing in a roughly 63% probability of a 25bps rate hike in September, down from around 80% before the policy decision, as Chair Kevin Warsh provided little forward guidance on the outlook for interest rates. Separately, reports indicated that Warsh is considering reducing the number of Federal Reserve policy meetings from the current eight per year.
