Market Monitor

Generated: 2026-09-01 01:54 SGT | Phase 4g | Returns in local index currency unless noted

VIX15.1

S&P 500 1D-0.35%

US 10Y 1M0bps

Gold/Copperrisk-on ▼ -1.71%

Data flags4

Section 0 — Market Stress

Indicator	Level	1D	1W	1M
VIX (CBOE Volatility Index)	15.1	+4.92%	-4.48%	-5.32%
Gold/Silver Ratio (GC=F / SI=F) risk-off → ratio rises	66.9	—	—	—
Gold/Copper Ratio (GC=F / HG=F) risk-off → ratio rises	670.8	—	—	—

Futures-based: GC=F (Gold), SI=F (Silver), HG=F (Copper). Spot sources attempted and failed.

Section 1 — Equity Indices

Returns in local index currency. See Section 6 FX table for USD currency impact. ETF proxies: ACWI, URTH, EEM. Colour: moves within ±1% render neutral grey (D5, review after one week); the signed number always carries direction.

Index	Level	1D	1W	1M	3M
Global
MSCI ACWI ACWI as of 2026-08-31 00:00:00	160.61	-0.30%	+0.26%	+2.67%	+1.60%
MSCI World URTH as of 2026-08-31 00:00:00	208.67	-0.36%	+0.09%	+2.61%	+2.29%
MSCI EM EEM as of 2026-08-31 00:00:00	66.97	-0.25%	+1.31%	+4.50%	-3.93%
Americas
S&P 500 ^GSPC as of 2026-08-31 00:00:00	7,684.53	-0.35%	+0.41%	+2.60%	+1.11%
Nasdaq 100 ^NDX as of 2026-08-31 00:00:00	29,402.64	-0.10%	+1.31%	+3.99%	-3.64%
TSX Composite ^GSPTSE as of 2026-08-31 00:00:00	36,182.63	-1.02%	-1.45%	+1.91%	+4.17%
EMEA
Euro Stoxx 50 ^STOXX50E as of 2026-08-31 00:00:00	6,420.16	-1.01%	-0.43%	+0.98%	+6.06%
FTSE 100 ^FTSE as of 2026-08-28 00:00:00	10,824.30	+0.29%	+0.07%	-0.67%	+4.35%
Asia-Pacific
Nikkei 225 ^N225 as of 2026-08-28 00:00:00	66,405.56	+0.41%	+0.59%	+8.09%	+0.11%
STI ^STI as of 2026-08-28 00:00:00	5,699.93	+0.28%	+0.19%	-0.23%	+13.14%
ASX 200 ^AXJO as of 2026-08-28 00:00:00	9,092.30	+0.60%	+0.37%	+1.39%	+4.16%
CSI 300 000300.SS as of 2026-08-31 00:00:00	4,625.09	N/A	N/A	N/A	N/A
HSCEI ^HSCE as of 2026-08-28 00:00:00	8,490.39	+0.00%	-1.67%	-1.79%	+0.77%

Index	Level	6M	1Y	3Y	5Y	10Y
Global
MSCI ACWI ACWI as of 2026-08-31 00:00:00	160.61	+10.31%	+21.50%	+79.70%	+70.02%	+226.67%
MSCI World URTH as of 2026-08-31 00:00:00	208.67	+10.46%	+19.70%	+79.20%	+72.44%	+241.76%
MSCI EM EEM as of 2026-08-31 00:00:00	66.97	+9.47%	+36.30%	+85.06%	+49.91%	+121.77%
Americas
S&P 500 ^GSPC as of 2026-08-31 00:00:00	7,684.53	+11.67%	+18.19%	+75.59%	+71.55%	+251.88%
Nasdaq 100 ^NDX as of 2026-08-31 00:00:00	29,402.64	+17.65%	+24.04%	+98.45%	+92.01%	+511.77%
TSX Composite ^GSPTSE as of 2026-08-31 00:00:00	36,182.63	+4.75%	+27.25%	+82.41%	+76.70%	+144.86%
EMEA
Euro Stoxx 50 ^STOXX50E as of 2026-08-31 00:00:00	6,420.16	+4.59%	+19.04%	+50.69%	+53.55%	+114.34%
FTSE 100 ^FTSE as of 2026-08-28 00:00:00	10,824.30	-0.79%	+17.70%	+45.24%	+51.39%	+58.57%
Asia-Pacific
Nikkei 225 ^N225 as of 2026-08-28 00:00:00	66,405.56	+15.85%	+53.08%	+103.18%	+130.71%	N/A
STI ^STI as of 2026-08-28 00:00:00	5,699.93	+14.82%	+34.26%	+79.20%	+84.61%	+98.80%
ASX 200 ^AXJO as of 2026-08-28 00:00:00	9,092.30	-0.82%	+1.84%	+24.23%	+20.86%	+70.29%
CSI 300 000300.SS as of 2026-08-31 00:00:00	4,625.09	N/A	N/A	N/A	N/A	N/A
HSCEI ^HSCE as of 2026-08-28 00:00:00	8,490.39	-5.74%	-5.73%	+23.06%	-16.05%	N/A

Section 2 — Government Bond Yields, Cash Rates & Spreads

All changes in basis points (bps). Positive bps = rate rose (red). Monthly series: 1D/1W changes N/A. Colour: changes within ±10bps render neutral grey (D4).

Market / Instrument	Rate	1M Δbps	3M Δbps	1Y Δbps
United States (FRED, daily)
Cash Rate	3.63%	0bps	0bps	-1bps
2Y Yield	4.20%	-2bps	+21bps	+47bps
10Y Yield	4.67%	0bps	+22bps	+39bps
30Y Yield	5.19%	-1bps	+21bps	+30bps
↳ 2-10 Spread	+47bps
↳ 3M-10Y Spread (NY Fed recession)	+83bps
Canada (BoC Valet API)
Cash Rate	2.25%	-6bps	0bps	-52bps
2Y Yield	3.01%	+16bps	+24bps	+29bps
10Y Yield	3.73%	+15bps	+32bps	+26bps
30Y Yield ("Long" bond)	4.14%	+15bps	+35bps	+26bps
Eurozone (ECB API, daily — AAA euro govt composite)
Cash Rate ⚠️sparse (policy rate)	2.25%	+25bps	+25bps	0bps
2Y Yield	2.81%	+9bps	+25bps	+85bps
10Y Yield	3.28%	+8bps	+26bps	+42bps
30Y Yield	3.73%	+9bps	+23bps	+37bps
United Kingdom (BoE yield curve ZIP — 2Y/30Y par; IADB fallback)
Cash Rate	3.75%	0bps	0bps	-25bps
2Y Yield	4.27%	N/A	N/A	N/A
10Y Yield	5.11%	N/A	N/A	N/A
30Y Yield	5.89%	N/A	N/A	N/A
Japan (MoF CSV daily — 2Y/10Y/30Y; FRED monthly cash rate)
Cash Rate ⚠️monthly	0.84%	+11bps	+11bps	+36bps
2Y Yield	1.72%	N/A	N/A	N/A
10Y Yield	2.93%	N/A	N/A	N/A
30Y Yield	4.08%	N/A	N/A	N/A
Singapore (MAS SGS daily — 6M T-bill + 2Y/5Y/10Y/30Y)
Cash Rate	1.57%	N/A	N/A	N/A
2Y Yield	1.70%	N/A	N/A	N/A
10Y Yield	2.35%	N/A	N/A	N/A
30Y Yield	2.44%	N/A	N/A	N/A
Australia (RBA xlsx daily — f01d/f02d; FRED monthly fallback)
Cash Rate	4.35%	0bps	0bps	+75bps
2Y Yield	4.62%	+4bps	+5bps	+126bps
10Y Yield	5.02%	+5bps	+12bps	+69bps
China (ChinaBond daily — 0Y proxy/2Y/10Y/30Y; FRED cash rate fallback)
Cash Rate	0.94%	N/A	N/A	N/A
2Y Yield	1.25%	N/A	N/A	N/A
10Y Yield	1.69%	N/A	N/A	N/A
30Y Yield	2.15%	N/A	N/A	N/A

Section 3 — Credit (OAS)

OAS in basis points. Widening = red (credit risk rising). Tightening = green. FRED ICE BofA series. Colour: changes within ±2bps render neutral grey (D3 default band).

Index	OAS (bps)	1M Δbps	3M Δbps	1Y Δbps
US IG OAS (ICE BofA US Corporate)	79bps	-1bps	+5bps	+2bps
US HY OAS (ICE BofA US High Yield)	260bps	-24bps	-11bps	-19bps
EUR HY OAS (ICE BofA Euro HY)	255bps	-10bps	-8bps	-27bps
EUR IG OAS	Data gap — no ICE BofA EUR IG OAS series available on FRED.
GBP IG OAS	Data gap — no FRED series confirmed. ETF price proxy (SLXX.L) excluded: price ≠ OAS.

Section 4 — REITs

ETF	Price	1D	1W	1M	3M
US REITs (Vanguard Real Estate) VNQ as of 2026-08-31 00:00:00	96.29	-0.97%	-2.83%	-2.68%	+3.25%
Global ex-US REITs (Vanguard Global ex-US RE) VNQI as of 2026-08-31 00:00:00	44.75	-1.12%	-2.29%	-2.78%	-1.17%

ETF	Price	6M	1Y	3Y	5Y
US REITs (Vanguard Real Estate) VNQ as of 2026-08-31 00:00:00	96.29	+2.35%	+9.03%	+34.08%	+9.69%
Global ex-US REITs (Vanguard Global ex-US RE) VNQI as of 2026-08-31 00:00:00	44.75	-9.97%	-0.97%	+29.45%	-6.32%

Section 5 — Commodities

All commodities: yfinance front-month futures. Returns in USD.

Commodity	Level	1D	1W	1M	3M	1Y
WTI Crude Oil CL=F front-month futures as of 2026-08-31 00:00:00	85.59 USD/bbl	+2.63%	+0.68%	+1.09%	-7.13%	+32.49%
Brent Crude Oil BZ=F front-month futures as of 2026-08-31 00:00:00	88.20 USD/bbl	-1.24%	-4.31%	-2.13%	-7.14%	+28.53%
Natural Gas (Henry Hub) NG=F front-month futures as of 2026-08-31 00:00:00	2.94 USD/MMBtu	+1.77%	+5.64%	+6.99%	-7.55%	-0.17%
Gold GC=F front-month futures as of 2026-08-31 00:00:00	4,485.80 USD/oz	+0.17%	-3.34%	+10.79%	+0.24%	+30.71%
Silver SI=F front-month futures as of 2026-08-31 00:00:00	67.07 USD/oz	+0.11%	-2.15%	+16.46%	-10.58%	+71.14%
Copper HG=F front-month futures as of 2026-08-31 00:00:00	6.69 USD/lb	+1.92%	+1.35%	+3.92%	+2.51%	+49.84%
Broad Commodities (DJP) DJP ETN proxy as of 2026-08-31 00:00:00	51.13 price	+0.94%	+1.66%	+7.93%	+4.51%	+49.61%
Baltic Dry proxy (BDRY) BDRY ETF proxy ⚠️not BDI — tracking error as of 2026-08-31 00:00:00	15.35 price	-1.08%	+4.51%	+14.40%	+17.77%	+83.86%

Section 6 — Currencies & Digital Assets vs USD

All as "USD per 1 unit of foreign currency". Positive % = that currency strengthened vs USD. ⚠️ Direction verified on first run. JPY/CAD/SGD/CNY are inverted FRED series.

Currency / Asset	Rate (USD/unit)	1D	1W	1M	3M	1Y
CAD/USD	0.7265	+0.11%	+0.78%	+2.34%	+0.17%	+0.68%
EUR/USD	1.1684	+0.04%	+0.89%	+2.73%	+0.82%	+0.21%
GBP/USD	1.3644	+0.04%	+0.65%	+2.49%	+1.77%	+1.10%
JPY/USD	0.0063	-0.04%	+0.19%	+3.08%	+0.16%	-7.04%
SGD/USD	0.7879	+0.22%	+0.72%	+1.84%	+0.84%	+1.21%
AUD/USD	0.7178	+0.81%	+1.23%	+2.91%	+0.62%	+11.13%
CNY/USD	0.1488	+0.02%	+0.30%	+0.73%	+1.21%	+6.86%
Bitcoin 24/7; midnight UTC ref	$78,895	+1.37%	-0.09%	+21.56%	+31.62%	-10.70%

Sources: FRED (Federal Reserve Bank of St. Louis) · ECB Statistical Data Warehouse · Bank of England yield curve ZIP (par curve) / IADB fallback · Bank of Canada Valet API · RBA Statistics (xlsx) · MAS SGS Benchmark Prices · Japan MoF JGB CSV (daily par yields) / FRED monthly fallback · yfinance · ICE BofA Indices via FRED

Methodology: Equity/REIT/commodity returns use adjusted close, trading-day lookback, local currency. Bond/rate changes in basis points (absolute). OAS in bps from FRED % values (widening=red). FX as USD per 1 unit of foreign currency (positive % = foreign currency strengthened vs USD). All commodities: yfinance front-month futures (Phase 2k — EIA spot retired due to T+2 lag).

Monthly series (⚠️monthly): Japan cash rate — FRED monthly (no free daily source). Japan 10Y — MoF CSV daily if available, else FRED monthly. Australia — FRED monthly fallback if RBA xlsx fetch fails. Sparse policy rate (⚠️sparse): ECB DFR updates on 6-week meeting cycle — not a monthly source. 1D/1W changes N/A for monthly series.

30Y yields note: UK = BoE ZIP par curve 30Y (Phase 2h); falls back to IADB 20Y (IUDLNPY) if ZIP unavailable. Canada = BoC "Long" bond (BD.CDN.LONG.DQ.YLD; verify label on first run). Australia = permanent gap (RBA F2 table goes to 10Y only). China = ChinaBond 30Y govt yield curve (daily spot).

China sources (Phase 2i): Cash rate = ChinaBond 0Y proxy (daily); 2Y/10Y/30Y = ChinaBond yield curve (daily). FRED PBOC LPR monthly retained as cash rate fallback if ChinaBond unavailable.

Data flags:

EQUITY: ^N225: ⚠️ VERIFY — newest print 2026-08-28, but TSE has closed 2026-08-31: one session behind (stale feed, or a market holiday not in our calendar)
EQUITY: ^STI: ⚠️ VERIFY — newest print 2026-08-28, but SGX has closed 2026-08-31: one session behind (stale feed, or a market holiday not in our calendar)
EQUITY: ^AXJO: ⚠️ VERIFY — newest print 2026-08-28, but ASX has closed 2026-08-31: one session behind (stale feed, or a market holiday not in our calendar)
EQUITY: ^HSCE: ⚠️ VERIFY — newest print 2026-08-28, but HKEX has closed 2026-08-31: one session behind (stale feed, or a market holiday not in our calendar)

Generated 2026-09-01 01:54 SGT | Market Monitor Phase 4g

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