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 offshore yuan steadied around the 7 per dollar mark on Monday, after reaching a fifteen-month high in the previous session, as investors weighed the central bank’s efforts to temper rapid one-way moves. The People’s Bank of China set a slightly softer-than-expected midpoint, signaling its intent to rein in excess yuan strength, while state-run media cautioned against betting on unilateral appreciation. Analysts also noted that seasonal foreign exchange flows and rising demand have supported the yuan’s broad uptrend, but appreciation pressure is expected to ease once year-end settlements conclude. Despite short-term caution, global investors continue to expect the yuan’s momentum to persist into 2026, with the key 7 level likely to be tested again, even as authorities reaffirm their commitment to maintaining currency stability. The yuan has gained more than 4.1% against the dollar so far this year and is on track to log the biggest annual rise since 2020.
