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 UK 10-year gilt yield has fallen sharply to around 4.40%, down about 13.5 basis points in the first trading week of January, the most since October due to growing confidence that UK inflation is easing faster than expected, allowing the Bank of England to begin cutting interest rates after staying cautious for much of last year. The annual inflation rate in the UK slowed to 3.2% in November 2025, the lowest in eight months, compared to 3.6% in October and below the Bank of England’s prediction of 3.4%. Investors are now pricing in a first quarter-point rate cut as early as April, with a high probability of at least one more cut before year-end. Adding to the rally, the UK government is reducing issuance of long-dated bonds, easing supply pressures at a time when demand from pension funds has weakened. Improved confidence in the government’s fiscal plans has also helped calm deficit concerns.
