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 Market
The offshore yuan held above 6.83 per USD, pausing near an over three-year high as investors weighed a fragile US–Iran ceasefire. The agreement, tied to a 10-point proposal and contingent on reopening the Strait of Hormuz, initially boosted risk appetite and weakened the dollar. However, sentiment turned cautious after fresh accusations from Iran of violations, citing disputes over uranium enrichment, continued Israeli strikes in Lebanon, and alleged airspace breaches.
Meanwhile, China remains relatively better positioned among Asian peers, with the yuan up about 1.0% against the dollar this month and 2.4% firmer year-to-date, as markets price in reduced geopolitical risk. The currency’s resilience has been supported by China’s large oil stockpiles and comparatively stable energy supply chains. Focus now turns to upcoming inflation numbers due Friday, expected to show a modest rise in annual consumer prices and a return to yearly growth in producer prices for the first time since 2022.
