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 remained largely unchanged around 4.5%, as traders prepared for the Bank of England’s monetary policy decision later in the week. The central bank is widely expected to cut the key bank rate by 25 basis points to 3.75%, bringing it to the lowest level since 2022, as rising unemployment and the UK’s stagnating economy ease inflationary pressures. However, fresh economic data, due ahead of the central bank’s decision, will help shape the monetary outlook for 2026, including reports on wage growth and inflation, both of which are expected to have slowed. Market participants continue to price in the possibility of one or two further rate cuts next year, with expectations likely to be influenced by these upcoming data releases.
