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 dollar index hovered around 99.4 on Monday, near a two-week low, as investors positioned themselves for a crucial month that could see the Federal Reserve deliver its final rate cut of the year. Traders are now pricing in an 87% probability of a 25bps reduction at the Fed’s meeting next week, with expectations for three additional reductions in 2026. The dollar logged its worst week in four months last week, following a sharp shift in expectations for Fed easing and reports that White House economic adviser Kevin Hassett has emerged as the leading candidate to succeed Jerome Powell as Fed chair, a move seen as aligned with President Donald Trump’s preference for lower interest rates. On Sunday, Trump said he has decided on his pick for the next Fed chair and will make his announcement soon. Investors are looking ahead to fresh US economic data this week, including private payrolls figures, though they will have to wait until December 16 for the official monthly jobs report.
