Equities
- S&P 500: ~6,650
- Nasdaq: ~21,920
- Dow Jones: ~40,050
- STOXX Europe 600: ~590
- Nikkei 225: ~53,800
- Shanghai Composite: ~3,180
- Hang Seng: ~17,200
- TASI: ~12,400
- MSCI ACWI: ~1,012
Today’s Change:
- Broad indices posted modest gains (≈ +0.2% to +0.6%)
- Nasdaq slightly outperformed → mild tech bid returning
Read:
The uptrend remains intact, but participation is still narrow and uneven across regions.
Rates
- US 2Y: ~4.05% (+3 bps)
- US 10Y: ~4.35% (+3 bps)
- Germany 10Y: ~2.63% (stable)
Today’s Change:
- Yields moved slightly higher
Interpretation:
Markets are no longer aggressively repricing rates, but importantly, they are not easing either.
This keeps pressure on equity valuations.
FX
- DXY: ~100.7 (+0.2)
- USD/JPY: ~159.8 (near critical level)
- EUR/USD: ~1.13
- USD/CNY: ~7.25
Today’s Change:
- Dollar strengthened marginally
Read:
The lack of USD downside confirms continued demand for yield and safety.
Commodities
- Brent: ~$98–100 (slight increase)
- WTI: ~$94–96
- Gold: ~$2,245 (slight decline)
Today’s Change:
- Oil pushing toward $100 again
- Gold drifting lower
Interpretation:
- Oil is testing resistance without strong conviction
- Gold lacks momentum despite macro uncertainty