Market Monitor

Generated: 2026-09-02 22:59 SGT | Phase 4g | Returns in local index currency unless noted

VIX15.4

S&P 500 1D+0.53%

US 10Y 1M0bps

Gold/Copperflat -0.00%

Data flags1

Section 0 — Market Stress

Indicator	Level	1D	1W	1M
VIX (CBOE Volatility Index)	15.4	-6.00%	+0.99%	-6.91%
Gold/Silver Ratio (GC=F / SI=F) risk-off → ratio rises	67.3	—	—	—
Gold/Copper Ratio (GC=F / HG=F) risk-off → ratio rises	668.2	—	—	—

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 2026-09-02 00:00:00	160.09	+0.42%	-0.62%	+1.36%	+0.72%
MSCI World URTH as of 2026-09-02 00:00:00	207.90	+0.42%	-0.68%	+1.00%	+1.51%
MSCI EM EEM as of 2026-09-02 00:00:00	66.93	+0.23%	-0.48%	+4.05%	-4.98%
Americas
S&P 500 ^GSPC as of 2026-09-02 00:00:00	7,672.08	+0.53%	-0.05%	-0.83%	+1.57%
Nasdaq 100 ^NDX as of 2026-09-02 00:00:00	29,085.14	+0.03%	-0.48%	-2.18%	-4.86%
TSX Composite ^GSPTSE as of 2026-09-02 00:00:00	36,006.97	+0.51%	-2.19%	+0.57%	+3.46%
EMEA
Euro Stoxx 50 ^STOXX50E as of 2026-09-02 00:00:00	6,364.32	-0.07%	-1.64%	-1.89%	+4.99%
FTSE 100 ^FTSE as of 2026-09-02 00:00:00	10,771.12	-0.17%	-0.77%	-0.89%	+4.25%
Asia-Pacific
Nikkei 225 ^N225 as of 2026-09-02 00:00:00	64,325.64	-2.85%	-2.32%	-0.06%	-3.61%
STI ^STI as of 2026-09-02 00:00:00	5,744.11	+0.59%	+0.15%	+2.05%	+11.79%
ASX 200 ^AXJO as of 2026-09-01 00:00:00	9,066.70	-0.10%	-0.40%	+1.00%	+3.92%
CSI 300 000300.SS as of 2026-09-02 00:00:00	4,547.96	+0.42%	-3.14%	-7.97%	-3.98%
HSCEI ^HSCE as of 2026-09-02 00:00:00	8,450.10	-0.15%	-0.98%	-1.45%	-1.70%

Index	Level	6M	1Y	3Y	5Y	10Y
Global
MSCI ACWI ACWI as of 2026-09-02 00:00:00	160.09	+12.14%	+21.81%	+78.04%	+68.69%	+225.99%
MSCI World URTH as of 2026-09-02 00:00:00	207.90	+11.79%	+19.96%	+77.33%	+71.47%	+241.11%
MSCI EM EEM as of 2026-09-02 00:00:00	66.93	+15.15%	+36.85%	+84.73%	+46.47%	+124.59%
Americas
S&P 500 ^GSPC as of 2026-09-02 00:00:00	7,672.08	+11.68%	+19.59%	+73.06%	+70.64%	+250.82%
Nasdaq 100 ^NDX as of 2026-09-02 00:00:00	29,085.14	+15.91%	+25.20%	+93.23%	+89.25%	+503.62%
TSX Composite ^GSPTSE as of 2026-09-02 00:00:00	36,006.97	+6.08%	+25.83%	+77.46%	+74.90%	+144.99%
EMEA
Euro Stoxx 50 ^STOXX50E as of 2026-09-02 00:00:00	6,364.32	+10.27%	+18.92%	+50.38%	+51.86%	+114.98%
FTSE 100 ^FTSE as of 2026-09-02 00:00:00	10,771.12	-0.08%	+18.15%	+44.81%	+50.35%	+57.32%
Asia-Pacific
Nikkei 225 ^N225 as of 2026-09-02 00:00:00	64,325.64	+9.48%	+47.72%	+95.57%	+124.58%	N/A
STI ^STI as of 2026-09-02 00:00:00	5,744.11	+17.45%	+34.53%	+78.74%	+84.85%	+102.02%
ASX 200 ^AXJO as of 2026-09-01 00:00:00	9,066.70	-0.12%	+1.87%	+23.96%	+20.43%	+73.70%
CSI 300 000300.SS as of 2026-09-02 00:00:00	4,547.96	-4.00%	+14.21%	+18.31%	-8.90%	N/A
HSCEI ^HSCE as of 2026-09-02 00:00:00	8,450.10	-4.62%	-6.94%	+27.03%	-16.77%	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	4.34%	+6bps	+29bps	+75bps
10Y Yield	4.75%	0bps	+28bps	+51bps
30Y Yield	5.25%	-2bps	+26bps	+34bps
↳ 2-10 Spread	+41bps
↳ 3M-10Y Spread (NY Fed recession)	+84bps
Canada (BoC Valet API)
Cash Rate	2.29%	-8bps	+3bps	-47bps
2Y Yield	3.01%	+10bps	+21bps	+32bps
10Y Yield	3.75%	+10bps	+34bps	+30bps
30Y Yield ("Long" bond)	4.15%	+11bps	+36bps	+27bps
Eurozone (ECB API, daily — AAA euro govt composite)
Cash Rate ⚠️sparse (policy rate)	2.25%	+25bps	+25bps	0bps
2Y Yield	2.88%	+17bps	+29bps	+95bps
10Y Yield	3.36%	+17bps	+29bps	+57bps
30Y Yield	3.79%	+16bps	+25bps	+51bps
United Kingdom (BoE yield curve ZIP — 2Y/30Y par; IADB fallback)
Cash Rate	3.75%	0bps	0bps	-25bps
2Y Yield	4.39%	N/A	N/A	N/A
10Y Yield	5.21%	N/A	N/A	N/A
30Y Yield	5.96%	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	1.80%	N/A	N/A	N/A
10Y Yield	2.99%	N/A	N/A	N/A
30Y Yield	4.13%	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	1.74%	N/A	N/A	N/A
10Y Yield	2.43%	N/A	N/A	N/A
30Y Yield	2.51%	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	1.24%	N/A	N/A	N/A
10Y Yield	1.69%	N/A	N/A	N/A
30Y Yield	2.14%	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)	81bps	+3bps	+7bps	+5bps
US HY OAS (ICE BofA US High Yield)	265bps	-13bps	-9bps	-14bps
EUR HY OAS (ICE BofA Euro HY)	260bps	-7bps	-1bps	-20bps
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 2026-09-02 00:00:00	95.86	-0.45%	-3.41%	-3.24%	+2.32%
Global ex-US REITs (Vanguard Global ex-US RE) VNQI as of 2026-09-02 00:00:00	44.64	+0.45%	-2.23%	-3.50%	-0.04%

ETF	Price	6M	1Y	3Y	5Y
US REITs (Vanguard Real Estate) VNQ as of 2026-09-02 00:00:00	95.86	+2.44%	+7.96%	+33.38%	+9.68%
Global ex-US REITs (Vanguard Global ex-US RE) VNQI as of 2026-09-02 00:00:00	44.64	-7.90%	+0.50%	+27.58%	-6.41%

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 2026-09-02 00:00:00	90.32 USD/bbl	+0.11%	+9.84%	+19.20%	-5.94%	+37.70%
Brent Crude Oil BZ=F front-month futures as of 2026-09-02 00:00:00	95.05 USD/bbl	+0.42%	+8.21%	+19.77%	-2.82%	+37.47%
Natural Gas (Henry Hub) NG=F front-month futures as of 2026-09-02 00:00:00	2.95 USD/MMBtu	+1.62%	+3.84%	+10.03%	-8.18%	-1.93%
Gold GC=F front-month futures as of 2026-09-02 00:00:00	4,427.20 USD/oz	+1.82%	-3.72%	+8.10%	-0.21%	+24.73%
Silver SI=F front-month futures as of 2026-09-02 00:00:00	65.78 USD/oz	+1.79%	-3.26%	+9.52%	-10.48%	+60.15%
Copper HG=F front-month futures as of 2026-09-02 00:00:00	6.62 USD/lb	+1.79%	+0.43%	+0.07%	+2.19%	+44.94%
Broad Commodities (DJP) DJP ETN proxy as of 2026-09-02 00:00:00	52.09 price	+0.15%	+4.57%	+11.61%	+6.04%	+50.85%
Baltic Dry proxy (BDRY) BDRY ETF proxy ⚠️not BDI — tracking error as of 2026-09-02 00:00:00	16.47 price	+4.24%	+9.29%	+18.03%	+27.24%	+96.71%

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	0.7197	-0.30%	-0.94%	+0.78%	-0.80%	-0.52%
EUR/USD	1.1598	-0.48%	-0.74%	+0.66%	-0.69%	-0.51%
GBP/USD	1.3555	-0.33%	-0.65%	+0.68%	+0.59%	+0.52%
JPY/USD	0.0063	-0.44%	-0.66%	-0.31%	-0.46%	-7.92%
SGD/USD	0.7847	-0.28%	-0.41%	+0.60%	+0.06%	+0.80%
AUD/USD	0.7166	-0.44%	-0.17%	+2.05%	-0.35%	+10.25%
CNY/USD	0.1487	-0.09%	-0.07%	+0.43%	+0.60%	+6.33%
Bitcoin 24/7; midnight UTC ref	$77,022	-0.49%	-1.04%	+21.48%	+28.36%	-12.09%

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: ^AXJO: ⚠️ VERIFY — newest print 2026-09-01, but ASX has closed 2026-09-02: one session behind (stale feed, or a market holiday not in our calendar)

Generated 2026-09-02 22:59 SGT | Market Monitor Phase 4g

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