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 held steady around 4.64% on Tuesday as investors awaited the Federal Reserve’s upcoming policy decision, with markets pricing in an over one-third chance of a rate hike. That reflects an unusually high level of uncertainty this close to a Fed meeting compared with recent years. Citadel Securities also said it expects the Fed to raise interest rates this week to reinforce Chairman Kevin Warsh’s credibility in fighting inflation after the central bank chief repeatedly pledged to restore price stability. Meanwhile, the probability of a Fed rate hike in September currently stands at around 56%. On the geopolitical front, President Donald Trump said the US was engaged in “good talks” with Iran aimed at ending the Middle East conflict, sending oil prices lower and easing concerns over inflation and tighter monetary policy.
