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 MarketAustralia’s 10-year government bond dipped to around 4.94%, but remained near its highest level since July 2011, after the Reserve Bank of Australia delivered back-to-back interest rate hikes. The board raised the cash rate to 4.1% from 3.85%, marking its first consecutive increase since mid-2023 and partially reversing two of the three rate cuts implemented last year. The decision comes as the central bank intensifies its fight against persistent inflation, with higher energy costs linked to the escalating Iran conflict adding further price pressures. This follows a recent resurgence in inflation, led by services and housing costs, amid a still-tight labor market. Investors are now closely watching Governor Michele Bullock’s post-meeting press conference for signals on the central bank’s next policy moves. Attention is also on February labor data, due this week, for additional guidance on the RBA’s policy outlook.
