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 Japanese yen rose to around 155.5 per dollar on Monday, reversing the previous session’s losses as investors prepared for the Bank of Japan’s policy meeting this week. The central bank is widely expected to raise its policy rate by 25 basis points to 0.75%. Market attention will focus on Governor Kazuo Ueda’s post-meeting remarks for guidance on next year’s policy trajectory, with analysts anticipating the policy rate could reach 1% by July. Expectations for tighter policy have been supported by robust domestic economic data, including consumer inflation remaining above historical levels. Reports also suggest that senior officials in Prime Minister Sanae Takaichi’s cabinet are unlikely to oppose a rate hike, citing concerns that a weak yen, partly due to delayed BOJ tightening, is driving higher import costs and inflation. Additionally, central bank data showed sentiment among large manufacturers rose to +15 in Q4 from +14 in Q3, marking the highest reading in four years.
