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 10-year US Treasury note climbed to around 4.3%, recovering from three-week lows as a fragile US-Iran ceasefire kept investors cautious about inflation risks. Iranian media reported that oil tanker transit through the Strait of Hormuz remained suspended following fresh Israeli strikes on Lebanon, while a senior Iranian official said three provisions of the ceasefire proposal had already been violated.
On Wednesday, Treasury yields had dropped sharply after the US and Iran agreed to a two-week ceasefire, prompting a sudden fall in oil prices and easing inflation concerns. Meanwhile, minutes from the Federal Reserve’s latest policy meeting showed that a growing number of members saw a potential rate hike as necessary to curb inflation, though many still hoped the next move could be a cut. Investors now await February personal spending and the PCE deflator on Thursday, followed by Friday’s CPI report, for further guidance.
