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 US Dollar (USD) is trading defensively across major currencies, with potential to drift toward the lower end of its June–December range. Markets are closely monitoring Federal Reserve (Fed) speakers Stephen Miran and John Williams for signals on the next policy moves, BBH FX analysts report, BBH FX analysts report.
Fed speakers in focus today
“USD is trading on the defensive against most major currencies. USD has room to edge down to the lower-end of its June-December range as it converges towards the level implied by US-G6 rate differentials.”
“Fed speakers today include: staunch dove Fed Governor Stephen Miran and influential New York Fed President John Williams. Remember, it was a dovish speech by Williams on November 21 that revived December Fed funds rate cut bets.”
