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 strengthened to around 6.884 per USD, extending its recovery from last week’s losses, as the economy signaled resilience despite the deepening Iran war, while markets weighed Trump’s request to delay a planned summit with China. He asked Xi Jinping to postpone their meeting by about a month so he could remain in Washington to oversee the conflict, though the delay may be manageable for Beijing as officials from both sides met in Paris in recent days to continue trade talks. Treasury Scott Bessent also said any postponement would be due to scheduling considerations rather than pressure on China over the vital shipping route. Meanwhile, recent data showed China’s factory output growth accelerated in January-February while retail sales rebounded. Also, despite the US dollar’s strength as investors sought safe-haven assets during the Iran war, the yuan remained supported by China’s lower exposure to oil shocks, resilient exports, and exporters’ continued dollar selling.
