Market Monitor

Generated: 2026-08-29 05:20 SGT | Phase 4g | Returns in local index currency unless noted

VIX14.4

S&P 500 1D-0.25%

US 10Y 1M0bps

Gold/Copperrisk-on ▼ -3.07%

Data flags6

Section 0 — Market Stress

Indicator	Level	1D	1W	1M
VIX (CBOE Volatility Index)	14.4	-0.55%	-4.63%	-15.56%
Gold/Silver Ratio (GC=F / SI=F) risk-off → ratio rises	67.1	—	—	—
Gold/Copper Ratio (GC=F / HG=F) risk-off → ratio rises	678.3	—	—	—

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 2026-08-28 00:00:00	161.09	-0.27%	+0.17%	+3.49%	+2.27%
MSCI World URTH as of 2026-08-28 00:00:00	209.43	-0.24%	+0.17%	+3.18%	+2.88%
MSCI EM EEM as of 2026-08-28 00:00:00	67.14	-0.70%	+0.03%	+5.58%	-1.62%
Americas
S&P 500 ^GSPC as of 2026-08-28 00:00:00	7,711.76	-0.25%	+0.49%	+3.69%	+1.74%
Nasdaq 100 ^NDX as of 2026-08-28 00:00:00	29,433.43	-0.70%	+0.43%	+4.72%	-2.97%
TSX Composite ^GSPTSE as of 2026-08-28 00:00:00	36,553.92	-0.76%	-0.18%	+3.45%	+5.13%
EMEA
Euro Stoxx 50 ^STOXX50E as of 2026-08-28 00:00:00	6,485.67	+0.95%	+0.36%	+2.23%	+6.19%
FTSE 100 ^FTSE as of 2026-08-28 00:00:00	10,824.26	+0.29%	+0.07%	-0.67%	+4.35%
Asia-Pacific
Nikkei 225 ^N225 as of 2026-08-27 00:00:00	66,131.98	-0.20%	-0.13%	+6.04%	+2.22%
STI ^STI as of 2026-08-27 00:00:00	5,684.12	-0.65%	+0.22%	+1.21%	+13.93%
ASX 200 ^AXJO as of 2026-08-27 00:00:00	9,038.20	-0.98%	-0.50%	-0.00%	+3.51%
CSI 300 000300.SS as of 2026-07-17 00:00:00	4,529.10	-3.60%	-5.26%	-8.16%	-3.33%
HSCEI ^HSCE as of 2026-08-27 00:00:00	8,490.31	-0.51%	-0.67%	-1.54%	+1.51%

Index	Level	6M	1Y	3Y	5Y	10Y
Global
MSCI ACWI ACWI as of 2026-08-28 00:00:00	161.09	+10.01%	+22.35%	+77.95%	+72.25%	+226.43%
MSCI World URTH as of 2026-08-28 00:00:00	209.43	+10.48%	+20.62%	+77.46%	+74.71%	+241.79%
MSCI EM EEM as of 2026-08-28 00:00:00	67.14	+7.84%	+37.16%	+84.80%	+52.55%	+121.08%
Americas
S&P 500 ^GSPC as of 2026-08-28 00:00:00	7,711.76	+12.11%	+18.98%	+73.84%	+73.62%	+252.61%
Nasdaq 100 ^NDX as of 2026-08-28 00:00:00	29,433.43	+17.92%	+24.90%	+94.30%	+95.02%	+512.09%
TSX Composite ^GSPTSE as of 2026-08-28 00:00:00	36,553.92	+6.45%	+28.56%	+84.84%	+79.72%	+147.87%
EMEA
Euro Stoxx 50 ^STOXX50E as of 2026-08-28 00:00:00	6,485.67	+5.26%	+20.47%	+53.51%	+55.23%	+117.60%
FTSE 100 ^FTSE as of 2026-08-28 00:00:00	10,824.26	-0.79%	+17.70%	+45.24%	+51.39%	+58.57%
Asia-Pacific
Nikkei 225 ^N225 as of 2026-08-27 00:00:00	66,131.98	+16.38%	+55.06%	+102.23%	+130.37%	N/A
STI ^STI as of 2026-08-27 00:00:00	5,684.12	+13.51%	+33.94%	+79.07%	+83.20%	+98.23%
ASX 200 ^AXJO as of 2026-08-27 00:00:00	9,038.20	-1.74%	+0.73%	+24.18%	+20.74%	+67.82%
CSI 300 000300.SS as of 2026-07-17 00:00:00	4,529.10	-5.18%	+14.14%	+17.28%	-9.35%	N/A
HSCEI ^HSCE as of 2026-08-27 00:00:00	8,490.31	-7.69%	-6.01%	+24.70%	-14.63%	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%	-3bps	0bps	-52bps
2Y Yield	2.96%	+12bps	+12bps	+27bps
10Y Yield	3.70%	+17bps	+26bps	+27bps
30Y Yield ("Long" bond)	4.13%	+22bps	+33bps	+29bps
Eurozone (ECB API, daily — AAA euro govt composite)
Cash Rate ⚠️sparse (policy rate)	2.25%	+25bps	+25bps	0bps
2Y Yield	2.79%	+5bps	+21bps	+86bps
10Y Yield	3.28%	+10bps	+21bps	+46bps
30Y Yield	3.73%	+13bps	+19bps	+42bps
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	1.70%	N/A	N/A	N/A
10Y Yield	2.90%	N/A	N/A	N/A
30Y Yield	4.04%	N/A	N/A	N/A
Singapore (MAS SGS daily — 6M T-bill + 2Y/5Y/10Y/30Y)
Cash Rate	1.58%	N/A	N/A	N/A
2Y Yield	1.67%	N/A	N/A	N/A
10Y Yield	2.34%	N/A	N/A	N/A
30Y Yield	2.43%	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	-2bps	+6bps	+1bps
US HY OAS (ICE BofA US High Yield)	263bps	-24bps	-9bps	-15bps
EUR HY OAS (ICE BofA Euro HY)	256bps	-8bps	-9bps	-29bps
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 2026-08-28 00:00:00	97.24	-0.42%	-1.28%	-2.26%	+2.50%
Global ex-US REITs (Vanguard Global ex-US RE) VNQI as of 2026-08-28 00:00:00	45.26	-0.59%	-0.98%	-2.79%	-1.63%

ETF	Price	6M	1Y	3Y	5Y
US REITs (Vanguard Real Estate) VNQ as of 2026-08-28 00:00:00	97.24	+3.61%	+9.81%	+34.88%	+10.56%
Global ex-US REITs (Vanguard Global ex-US RE) VNQI as of 2026-08-28 00:00:00	45.26	-10.75%	+0.24%	+29.91%	-5.48%

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 2026-08-28 00:00:00	83.44 USD/bbl	-0.11%	-4.16%	-0.18%	-4.49%	+30.07%
Brent Crude Oil BZ=F front-month futures as of 2026-08-28 00:00:00	88.29 USD/bbl	-1.57%	-6.46%	-0.83%	-4.08%	+29.74%
Natural Gas (Henry Hub) NG=F front-month futures as of 2026-08-28 00:00:00	2.88 USD/MMBtu	-0.89%	+3.89%	+4.46%	-12.43%	+0.49%
Gold GC=F front-month futures as of 2026-08-28 00:00:00	4,504.10 USD/oz	-2.29%	-2.60%	+9.85%	-1.24%	+32.29%
Silver SI=F front-month futures as of 2026-08-28 00:00:00	67.09 USD/oz	-3.37%	-3.42%	+14.07%	-11.28%	+73.41%
Copper HG=F front-month futures as of 2026-08-28 00:00:00	6.64 USD/lb	+0.80%	+0.92%	+3.03%	+4.41%	+50.41%
Broad Commodities (DJP) DJP ETN proxy as of 2026-08-28 00:00:00	50.66 price	-0.02%	+0.08%	+6.95%	+4.69%	+49.18%
Baltic Dry proxy (BDRY) BDRY ETF proxy ⚠️not BDI — tracking error as of 2026-08-28 00:00:00	15.52 price	+4.72%	+5.22%	+16.17%	+19.94%	+86.99%

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	0.7265	+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	$77,385	-3.58%	-0.48%	+19.27%	+28.94%	-12.17%

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 2026-08-27, but TSE has closed 2026-08-28: one session behind (stale feed, or a market holiday not in our calendar)
EQUITY: ^STI: ⚠️ VERIFY — newest print 2026-08-27, but SGX has closed 2026-08-28: one session behind (stale feed, or a market holiday not in our calendar)
EQUITY: ^AXJO: ⚠️ VERIFY — newest print 2026-08-27, but ASX has closed 2026-08-28: one session behind (stale feed, or a market holiday not in our calendar)
EQUITY: 000300.SS: ⚠️ STALE — last updated 2026-07-17
EQUITY: 000300.SS: ⚠️ STALE — newest print 2026-07-17, but SSE has closed 2026-08-28: 10 sessions behind
EQUITY: ^HSCE: ⚠️ VERIFY — newest print 2026-08-27, but HKEX has closed 2026-08-28: one session behind (stale feed, or a market holiday not in our calendar)

Generated 2026-08-29 05:20 SGT | Market Monitor Phase 4g

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