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 offshore yuan edged higher to around 6.91 per dollar on Monday, trimming losses from the previous week despite subdued market sentiment amid escalating tensions in the Middle East. The US–Israel confrontation with Iran has thrown the region into turmoil, with the Strait of Hormuz, a key artery for global trade, effectively closed and threatened major energy facilities. However, China appears largely insulated from the crisis, holding substantial energy reserves and having invested heavily in alternative energy sources. Still, the yuan is expected to weaken in the near term, as ongoing conflict pushes oil prices higher and bolsters demand for the US dollar. On the trade front, Beijing has launched investigations into US trade practices in response to earlier probes by the Trump administration. This move follows the White House’s confirmation that Trump was scheduled to travel to China in mid-May for a long-awaited summit with President Xi Jinping.
