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’s 10-year gilt yield dipped below 4.85%, pulling back from multi-year highs, as investors reassessed growth risks tied to the energy shock from the escalating Iran conflict. Despite the late-month easing, yields remained on track to close March up 60 basis points, one of the steepest monthly increases among European bonds. The geopolitical crisis has pushed energy prices higher, triggering a major repricing of Bank of England policy expectations. Markets now anticipate at least two rate hikes by 2026, a stark reversal from earlier bets on two cuts. However, BoE policymaker Alan Taylor struck a cautious tone, setting a “high bar” for rate increases and advocating for steady borrowing costs until the conflict’s economic fallout becomes clearer.
