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 climbed back to around 4.55%, remaining close to the near four-month high of 4.59% reached earlier this week, as investors scaled back expectations for further interest rate cuts from the Bank of England this year. Rising geopolitical tensions linked to the Iran conflict have pushed energy prices higher and revived inflation concerns, prompting markets to reassess the outlook for monetary easing. Although oil prices have retreated from peaks above $100 per barrel, the earlier surge has been enough to significantly alter rate expectations. Money markets are now pricing in very little chance of rate cuts this year, a sharp shift from before the conflict, when investors had been anticipating around two reductions. Investors are also turning their attention to upcoming UK economic data, particularly the release of monthly GDP figures on Friday.
