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 New Zealand dollar fell to around $0.578, retreating from a more than two-month high, after the Reserve Bank signaled it is likely to keep the official cash rate unchanged for some time. Governor Anna Breman said this outlook assumes economic conditions evolve as expected. She added that the forward path published in the November Monetary Policy Statement still indicates a slight probability of another rate cut in the near term, while noting that financial conditions have tightened more than projected. This dampened expectations for a rate hike, which markets had been pricing in from the third quarter next year. Breman said the economy is broadly tracking the RBNZ’s expectations and inflation is on course to reach the 2% target by mid-2026. Losses were somewhat limited by ongoing softness in the US dollar after the Federal Reserve signaled a less hawkish path than markets had anticipated.
