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 hovered near 4.55% after fresh data confirmed a continued easing in inflation, offering some relief to the Bank of England and the UK government while strengthening Finance Minister Rachel Reeves’ position ahead of next week’s pivotal budget. Headline inflation cooled to 3.6% in October, broadly in line with expectations. The decline was driven by lower household electricity and heating costs following adjustments to the Ofgem energy price cap, as well as reduced hotel prices. Services inflation eased to 4.5%, a slightly larger drop than anticipated, while core inflation edged down to 3.4%, matching forecasts. Reeves has pledged to lower living costs in her 26 November tax and spending statement, outlining measures aimed at further reducing inflation and helping pave the way for potential Bank of England interest-rate cuts.
