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 MarketUK 10-year gilt yields climbed toward 5.1%, approaching levels last seen in 2008, as soaring oil prices, driven by the ongoing US blockade of Iran in the Strait of Hormuz, heightened inflation concerns and led investors to anticipate further central bank tightening. Brent crude hit fresh four-year highs amid reports of potential US military action in Iran. The Bank of England is expected to keep rates unchanged today, reflecting caution over the Middle East crisis. However, markets still price in nearly three quarter-point BoE rate hikes in 2026. This follows the Federal Reserve’s decision to hold rates steady, though its meeting exposed deepening divisions, with four officials dissenting for the first time since October 1992, three of whom opposed the Fed’s signal of eventual rate cuts.
