Market Monitor

Generated: 2026-09-01 23:25 SGT | Phase 4g | Returns in local index currency unless noted

VIX15.5

S&P 500 1D-0.47%

US 10Y 1M+5bps

Gold/Copperrisk-on ▼ -0.59%

Data flags5

Section 0 — Market Stress

Indicator	Level	1D	1W	1M
VIX (CBOE Volatility Index)	15.5	+4.09%	-2.02%	-2.88%
Gold/Silver Ratio (GC=F / SI=F) risk-off → ratio rises	67.4	—	—	—
Gold/Copper Ratio (GC=F / HG=F) risk-off → ratio rises	668.1	—	—	—

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 2026-09-01 00:00:00	159.90	-0.49%	-0.19%	+2.22%	+1.16%
MSCI World URTH as of 2026-09-01 00:00:00	207.55	-0.61%	-0.45%	+2.06%	+1.74%
MSCI EM EEM as of 2026-09-01 00:00:00	67.21	+0.29%	+1.67%	+4.88%	-3.59%
Americas
S&P 500 ^GSPC as of 2026-09-01 00:00:00	7,649.84	-0.47%	-0.04%	+2.14%	+0.66%
Nasdaq 100 ^NDX as of 2026-09-01 00:00:00	29,157.15	-1.02%	+0.46%	+3.12%	-4.45%
TSX Composite ^GSPTSE as of 2026-09-01 00:00:00	35,913.54	-0.98%	-2.18%	+1.15%	+3.39%
EMEA
Euro Stoxx 50 ^STOXX50E as of 2026-09-01 00:00:00	6,355.70	-1.00%	-1.43%	-0.04%	+4.99%
FTSE 100 ^FTSE as of 2026-09-01 00:00:00	10,774.10	-0.17%	-0.39%	-1.13%	+3.86%
Asia-Pacific
Nikkei 225 ^N225 as of 2026-08-31 00:00:00	66,311.93	+0.27%	+0.45%	+7.94%	-0.03%
STI ^STI as of 2026-09-01 00:00:00	5,710.37	-0.78%	+0.53%	+0.65%	+12.02%
ASX 200 ^AXJO as of 2026-08-31 00:00:00	9,076.00	+0.42%	+0.19%	+1.21%	+3.97%
CSI 300 000300.SS as of 2026-09-01 00:00:00	4,611.44	+1.82%	-1.79%	-6.68%	-2.64%
HSCEI ^HSCE as of 2026-09-01 00:00:00	8,462.64	-0.59%	-0.10%	-1.74%	-0.53%

Index	Level	6M	1Y	3Y	5Y	10Y
Global
MSCI ACWI ACWI as of 2026-09-01 00:00:00	159.90	+9.82%	+20.96%	+78.91%	+69.26%	+225.23%
MSCI World URTH as of 2026-09-01 00:00:00	207.55	+9.86%	+19.05%	+78.24%	+71.52%	+239.93%
MSCI EM EEM as of 2026-09-01 00:00:00	67.21	+9.86%	+36.79%	+85.72%	+50.44%	+122.57%
Americas
S&P 500 ^GSPC as of 2026-09-01 00:00:00	7,649.84	+11.16%	+17.66%	+74.80%	+70.77%	+250.29%
Nasdaq 100 ^NDX as of 2026-09-01 00:00:00	29,157.15	+16.66%	+23.01%	+96.79%	+90.41%	+506.66%
TSX Composite ^GSPTSE as of 2026-09-01 00:00:00	35,913.54	+3.97%	+26.30%	+81.05%	+75.38%	+143.04%
EMEA
Euro Stoxx 50 ^STOXX50E as of 2026-09-01 00:00:00	6,355.70	+3.54%	+17.85%	+49.18%	+52.01%	+112.19%
FTSE 100 ^FTSE as of 2026-09-01 00:00:00	10,774.10	-1.25%	+17.16%	+44.56%	+50.69%	+57.84%
Asia-Pacific
Nikkei 225 ^N225 as of 2026-08-31 00:00:00	66,311.93	+15.69%	+52.87%	+102.90%	+130.38%	N/A
STI ^STI as of 2026-09-01 00:00:00	5,710.37	+14.32%	+34.24%	+79.02%	+83.75%	+99.75%
ASX 200 ^AXJO as of 2026-08-31 00:00:00	9,076.00	-1.00%	+1.66%	+24.01%	+20.64%	+69.99%
CSI 300 000300.SS as of 2026-09-01 00:00:00	4,611.44	-2.66%	+15.80%	+19.96%	-7.63%	N/A
HSCEI ^HSCE as of 2026-09-01 00:00:00	8,462.64	-6.33%	-6.11%	+23.46%	-15.92%	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%	+11bps	+36bps	+73bps
10Y Yield	4.73%	+5bps	+28bps	+47bps
30Y Yield	5.22%	+1bps	+23bps	+32bps
↳ 2-10 Spread	+39bps
↳ 3M-10Y Spread (NY Fed recession)	+83bps
Canada (BoC Valet API)
Cash Rate	2.27%	-4bps	+1bps	-50bps
2Y Yield	3.01%	+16bps	+20bps	+32bps
10Y Yield	3.73%	+14bps	+30bps	+28bps
30Y Yield ("Long" bond)	4.14%	+15bps	+33bps	+27bps
Eurozone (ECB API, daily — AAA euro govt composite)
Cash Rate ⚠️sparse (policy rate)	2.25%	+25bps	+25bps	0bps
2Y Yield	2.86%	+10bps	+27bps	+92bps
10Y Yield	3.34%	+11bps	+28bps	+52bps
30Y Yield	3.78%	+13bps	+24bps	+45bps
United Kingdom (BoE yield curve ZIP — 2Y/30Y par; IADB fallback)
Cash Rate	3.75%	0bps	0bps	-25bps
2Y Yield	4.32%	N/A	N/A	N/A
10Y Yield	5.14%	N/A	N/A	N/A
30Y Yield	5.91%	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	1.74%	N/A	N/A	N/A
10Y Yield	2.94%	N/A	N/A	N/A
30Y Yield	4.09%	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	1.72%	N/A	N/A	N/A
10Y Yield	2.41%	N/A	N/A	N/A
30Y Yield	2.50%	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 ⚠️monthly	2.90%	0bps	0bps	0bps
2Y Yield	N/A	N/A	N/A	N/A
10Y Yield	N/A	N/A	N/A	N/A
30Y Yield	N/A	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)	80bps	+1bps	+6bps	+5bps
US HY OAS (ICE BofA US High Yield)	263bps	-22bps	-12bps	-12bps
EUR HY OAS (ICE BofA Euro HY)	259bps	-6bps	-2bps	-22bps
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 2026-09-01 00:00:00	96.60	+0.17%	-2.52%	-2.37%	+3.57%
Global ex-US REITs (Vanguard Global ex-US RE) VNQI as of 2026-09-01 00:00:00	44.67	-0.15%	-2.46%	-2.94%	-1.34%

ETF	Price	6M	1Y	3Y	5Y
US REITs (Vanguard Real Estate) VNQ as of 2026-09-01 00:00:00	96.60	+2.67%	+9.38%	+34.50%	+10.04%
Global ex-US REITs (Vanguard Global ex-US RE) VNQI as of 2026-09-01 00:00:00	44.67	-10.13%	-1.14%	+29.23%	-6.48%

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 2026-09-01 00:00:00	87.89 USD/bbl	+2.48%	+6.71%	+9.40%	-6.26%	+37.31%
Brent Crude Oil BZ=F front-month futures as of 2026-09-01 00:00:00	92.36 USD/bbl	+2.07%	+4.27%	+10.25%	-3.79%	+35.58%
Natural Gas (Henry Hub) NG=F front-month futures as of 2026-09-01 00:00:00	2.89 USD/MMBtu	-1.47%	+4.40%	+3.99%	-8.68%	-3.50%
Gold GC=F front-month futures as of 2026-09-01 00:00:00	4,405.00 USD/oz	-0.59%	-5.03%	+9.20%	-1.87%	+26.81%
Silver SI=F front-month futures as of 2026-09-01 00:00:00	65.39 USD/oz	-1.25%	-4.72%	+13.40%	-13.17%	+62.67%
Copper HG=F front-month futures as of 2026-09-01 00:00:00	6.59 USD/lb	+0.02%	-1.71%	+1.24%	-0.82%	+45.96%
Broad Commodities (DJP) DJP ETN proxy as of 2026-09-01 00:00:00	51.67 price	+0.62%	+2.72%	+9.05%	+5.60%	+51.17%
Baltic Dry proxy (BDRY) BDRY ETF proxy ⚠️not BDI — tracking error as of 2026-09-01 00:00:00	15.53 price	+0.39%	+5.72%	+15.72%	+19.14%	+85.99%

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	$77,806	-0.94%	-3.05%	+22.43%	+32.87%	-10.99%

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 2026-08-31, but TSE has closed 2026-09-01: one session behind (stale feed, or a market holiday not in our calendar)
EQUITY: ^AXJO: ⚠️ VERIFY — newest print 2026-08-31, but ASX has closed 2026-09-01: one session behind (stale feed, or a market holiday not in our calendar)
RATES: DATA UNAVAILABLE — China 2y
RATES: DATA UNAVAILABLE — China 10y
RATES: DATA UNAVAILABLE — China 30y

Generated 2026-09-01 23:25 SGT | Market Monitor Phase 4g

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