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
US gasoline futures fell below $3.45 per gallon, after reaching over a two-month high of $3.50 on July 23rd, as optimism over possible US-Iran peace talks pressured crude oil prices. Reports over Pakistan’s attempt to revive negotiations between Washington and Tehran, following diplomatic efforts led by China, raised hopes of easing geopolitical tensions, although US President Donald Trump warned of interference. Meanwhile, Ukraine shifted its attacks from major Russian oil refineries to maritime targets, although fuel supply concerns persisted after earlier strikes damaged 24 of Russia’s 34 largest refineries. Still, geopolitical risks remained elevated, with US-Iran strikes nearing deep into a second week of attacks. US missile strikes struck across Iran while President Donald Trump threatened “major military punishment” against Tehran and its Houthi allies as the conflict expanded across a second key maritime chokepoint.
