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 slipped to around 154.6 per dollar on Monday, staying close to its lowest level since February despite stronger-than-expected growth data. Japan’s economy contracted 0.4% quarter on quarter in the three months to September, reversing a 0.6% expansion in Q2 but beating market forecasts for a 0.6% decline. The currency remains under pressure after Prime Minister Sanae Takaichi urged the Bank of Japan to maintain low interest rates, emphasizing that monetary policy should support both robust economic growth and stable price increases. Meanwhile, BOJ Governor Kazuo Ueda highlighted resilient consumption fueled by higher household incomes and a strengthening labor market, noting that underlying inflation is gradually approaching the BOJ’s 2% target and leaving the door open for an imminent rate hike.
