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
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STI Index — Singapore Market
KOSPI — South Korea Index
Bovespa — Brazil Equities
JSE Top 40 — South Africa Index
IPC Index — Mexico MarketAustralia’s 10-year bond yield edged up to 4.37%, near a two-month high, as investors await the upcoming labour market report that could influence the Reserve Bank’s rate path. On Monday, RBA Deputy Governor Andrew Hauser highlighted the unusual challenge facing monetary policy, stressing the need to keep conditions tight to contain inflation. He also noted that demand was “slightly” above potential when GDP growth accelerated last year, reflecting the tightest recovery since the early 1980s and leaving little room for expansion without reigniting inflation. Last week, the RBA kept its cash rate at 3.6% amid persistent inflationary pressures and a still-tight job market. Markets still expect one more rate cut by May next year, though some analysts warn that the easing cycle may already be over. Meanwhile, recent data showed consumer confidence surged in November, with households turning more optimistic about the economic outlook, while business conditions also picked up in October.
