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 Market
The yield on the US 10-year Treasury note hovered around 4.47% on Friday after dropping about 10 basis points in the previous session, as President Donald Trump said a peace agreement with Iran could be signed as soon as this weekend in Europe. His comments sparked a sharp fall in oil prices, easing concerns over persistent inflation and the prospect of central bank interest rate hikes. Meanwhile, data released on Thursday showed US producer prices rose 6.5% year-on-year in May, the highest level since November 2022 and slightly above expectations of 6.4%, highlighting the growing impact of the Middle East energy shock. Coupled with earlier figures showing consumer inflation accelerated to a three-year high, the latest PPI data is likely to reinforce expectations that the Federal Reserve could raise interest rates this year.
