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Bovespa — Brazil Equities
JSE Top 40 — South Africa Index
IPC Index — Mexico Market
S&P 500 — US Large Cap Index
NASDAQ 100 — Tech Growth Index
Dow Jones — Industrial Average
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
Bonds

UK 10-Year Gilt Yields Sink Below 4.9%

UK 10-year gilt yields dropped below 4.9% to their lowest level since April 21, after the sharpest weekly decline since 2024, as investors cheered progress in US-Iran negotiations and trimmed Bank of England rate hike expectations amid weak economic data. Brent crude dropped below $100 per barrel after US President Donald Trump stated that a memorandum of understanding between the two nations had been “largely negotiated” and would reopen the Strait of Hormuz. Meanwhile, data last week showed April retail sales slumped 1.3%, nearly double forecasts, while inflation and labor market data also came in softer than expected. May PMI readings signaled the first private sector contraction in a year, reinforcing the shift in rate expectations. Investors now await speeches from BoE policymakers later this week for monetary policy signals, as well as political developments surrounding Prime Minister Keir Starmer after Labour’s regional election defeats this month.

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