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 depreciated toward 154 per dollar on Monday, nearing nine-month lows amid expectations that the new administration will push for a massive stimulus package and support accommodative monetary policy. A draft outline of the plan indicated that Prime Minister Sanae Takaichi’s government will urge the central bank to prioritize strong economic growth alongside stable prices. The package, expected to be finalized on November 21, is set to include tax cuts and investment incentives targeting 17 key industries. Meanwhile, the Bank of Japan’s October Summary of Opinions indicated policymakers see the next rate hike on the horizon, closely monitoring domestic wage trends. Markets are now weighing the possibility of a move in December or January, depending on whether corporate earnings and executive guidance provide confidence that wages will continue rising next year.
