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 UK 10-year gilt yield inched up to 4.43% after an 8bps drop below 4.4% in the prior session, which was its lowest since December 2024, as investor focus turned to signs of economic weakness ahead of the Autumn Budget. Softer labor market data strengthened bets on a Bank of England rate cut next month, with markets now assigning roughly an 80% chance of a move. Regular pay growth slowed to 4.6% in Q3, the weakest since early 2022, while total pay, including bonuses, rose 4.8%, slightly below forecasts. Unemployment climbed to 5%, a four-year high, as joblessness rose and employment declined for the first time since early 2024. The BoE held rates steady last week but signaled a possible December cut if domestic inflation pressures ease. Investors await Q3 GDP data on Thursday for more clues on the economic outlook before the government’s budget announcement later this month.
