Market Monitor

Generated: 2026-08-22 07:12 SGT  |  Phase 4g  |  Returns in local index currency unless noted
⚠️ 8 data flag(s) — review before use
VIX15.1S&P 500 1D+0.43%US 10Y 1M+2bpsGold/Copperrisk-off ▲ +1.33%Data flags8

Section 0 — Market Stress

IndicatorLevel1D1W1M
VIX (CBOE Volatility Index) 15.1 -5.50% +6.18% -19.09%
Gold/Silver Ratio (GC=F / SI=F) risk-off → ratio rises 67.5
Gold/Copper Ratio (GC=F / HG=F) risk-off → ratio rises 708.4

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.

IndexLevel1D1W1M3M
Global
MSCI ACWI ACWI
as of 2026-08-21 00:00:00
160.81 +0.53% -0.91% +4.19% +3.96%
MSCI World URTH
as of 2026-08-21 00:00:00
209.07 +0.60% -1.01% +4.22% +4.16%
MSCI EM EEM
as of 2026-08-21 00:00:00
67.12 +0.75% +0.77% +3.90% +2.18%
Americas
S&P 500 ^GSPC
as of 2026-08-21 00:00:00
7,674.37 +0.43% -1.43% +3.59% +3.07%
Nasdaq 100 ^NDX
as of 2026-08-21 00:00:00
29,308.86 +0.33% -2.45% +3.00% -0.16%
TSX Composite ^GSPTSE
as of 2026-08-21 00:00:00
36,620.23 +0.70% -0.30% +3.20% +6.23%
EMEA
Euro Stoxx 50 ^STOXX50E
as of 2026-08-20 00:00:00
6,422.06 -0.35% -1.89% +1.66% +6.69%
FTSE 100 ^FTSE
as of 2026-08-20 00:00:00
10,748.20 +0.04% -0.23% +0.29% +2.69%
Asia-Pacific
Nikkei 225 ^N225
as of 2026-08-20 00:00:00
66,216.79 +1.36% -3.06% -0.02% +7.35%
STI ^STI
as of 2026-08-20 00:00:00
5,671.91 -0.39% -0.84% +2.63% +12.43%
ASX 200 ^AXJO
as of 2026-08-20 00:00:00
9,083.80 +0.33% -1.14% +2.96% +4.93%
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 2026-08-20 00:00:00
8,547.84 +0.90% +1.44% +3.60% -0.67%
IndexLevel6M1Y3Y5Y10Y
Global
MSCI ACWI ACWI
as of 2026-08-21 00:00:00
160.81 +9.64% +23.18% +79.01% +69.06% +226.80%
MSCI World URTH
as of 2026-08-21 00:00:00
209.07 +10.08% +21.47% +78.33% +72.21% +242.23%
MSCI EM EEM
as of 2026-08-21 00:00:00
67.12 +8.23% +37.56% +86.90% +45.93% +122.13%
Americas
S&P 500 ^GSPC
as of 2026-08-21 00:00:00
7,674.37 +11.07% +19.99% +74.25% +71.76% +251.10%
Nasdaq 100 ^NDX
as of 2026-08-21 00:00:00
29,308.86 +17.18% +26.06% +97.01% +93.63% +510.18%
TSX Composite ^GSPTSE
as of 2026-08-21 00:00:00
36,620.23 +8.29% +31.36% +84.84% +78.48% +149.99%
EMEA
Euro Stoxx 50 ^STOXX50E
as of 2026-08-20 00:00:00
6,422.06 +5.22% +18.17% +48.61% +52.82% +112.01%
FTSE 100 ^FTSE
as of 2026-08-20 00:00:00
10,748.20 +1.14% +15.46% +46.56% +51.19% +57.18%
Asia-Pacific
Nikkei 225 ^N225
as of 2026-08-20 00:00:00
66,216.79 +16.29% +62.32% +104.43% +129.32% N/A
STI ^STI
as of 2026-08-20 00:00:00
5,671.91 +14.85% +34.53% +76.50% +79.18% +100.28%
ASX 200 ^AXJO
as of 2026-08-20 00:00:00
9,083.80 +0.03% +1.30% +27.67% +21.26% +67.73%
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 2026-08-20 00:00:00
8,547.84 -7.77% -3.83% +33.25% -16.80% 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 / InstrumentRate1M Δbps3M Δbps1Y Δbps
United States (FRED, daily)
Cash Rate3.63%0bps0bps-1bps
2Y Yield4.19%-12bps+15bps+42bps
10Y Yield4.69%+2bps+12bps+35bps
30Y Yield5.23%+8bps+12bps+29bps
↳ 2-10 Spread +50bps
↳ 3M-10Y Spread (NY Fed recession) +82bps
Canada (BoC Valet API)
Cash Rate2.25%-4bps-1bps-52bps
2Y Yield3.02%+20bps+11bps+30bps
10Y Yield3.75%+19bps+21bps+29bps
30Y Yield ("Long" bond)4.15%+17bps+24bps+29bps
Eurozone (ECB API, daily — AAA euro govt composite)
Cash Rate ⚠️sparse (policy rate)2.25%+25bps+25bps0bps
2Y Yield2.79%+3bps+31bps+83bps
10Y Yield3.28%+8bps+29bps+44bps
30Y Yield3.73%+8bps+26bps+43bps
United Kingdom (BoE yield curve ZIP — 2Y/30Y par; IADB fallback)
Cash Rate3.75%0bps0bps-25bps
2Y Yield4.28%N/AN/AN/A
10Y Yield5.13%N/AN/AN/A
30Y Yield5.93%N/AN/AN/A
Japan (MoF CSV daily — 2Y/10Y/30Y; FRED monthly cash rate)
Cash Rate ⚠️monthly0.84%+11bps+11bps+36bps
2Y Yield1.68%N/AN/AN/A
10Y Yield2.85%N/AN/AN/A
30Y Yield4.00%N/AN/AN/A
Singapore (MAS SGS daily — 6M T-bill + 2Y/5Y/10Y/30Y)
Cash Rate1.55%N/AN/AN/A
2Y Yield1.68%N/AN/AN/A
10Y Yield2.36%N/AN/AN/A
30Y Yield2.49%N/AN/AN/A
Australia (RBA xlsx daily — f01d/f02d; FRED monthly fallback)
Cash Rate4.35%0bps0bps+75bps
2Y Yield4.58%+4bps-3bps+125bps
10Y Yield5.05%+9bps+8bps+75bps
China (ChinaBond daily — 0Y proxy/2Y/10Y/30Y; FRED cash rate fallback)
Cash Rate0.99%N/AN/AN/A
2Y Yield1.24%N/AN/AN/A
10Y Yield1.68%N/AN/AN/A
30Y Yield2.13%N/AN/AN/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).

IndexOAS (bps)1M Δbps3M Δbps1Y Δbps
US IG OAS (ICE BofA US Corporate) 82bps +4bps +8bps +3bps
US HY OAS (ICE BofA US High Yield) 275bps +7bps +3bps -9bps
EUR HY OAS (ICE BofA Euro HY) 256bps +8bps -17bps -36bps
EUR IG OASData gap — no ICE BofA EUR IG OAS series available on FRED.
GBP IG OASData gap — no FRED series confirmed. ETF price proxy (SLXX.L) excluded: price ≠ OAS.

Section 4 — REITs

ETFPrice1D1W1M3M
US REITs (Vanguard Real Estate) VNQ
as of 2026-08-21 00:00:00
98.50 -0.10% -0.33% -0.19% +2.79%
Global ex-US REITs (Vanguard Global ex-US RE) VNQI
as of 2026-08-21 00:00:00
45.71 +0.04% +0.48% +1.49% -0.85%
ETFPrice6M1Y3Y5Y
US REITs (Vanguard Real Estate) VNQ
as of 2026-08-21 00:00:00
98.50 +5.85% +12.81% +37.22% +11.81%
Global ex-US REITs (Vanguard Global ex-US RE) VNQI
as of 2026-08-21 00:00:00
45.71 -9.81% +0.72% +32.19% -5.50%

Section 5 — Commodities

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

CommodityLevel1D1W1M3M1Y
WTI Crude Oil CL=F front-month futures
as of 2026-08-21 00:00:00
86.64 USD/bbl -1.35% +5.15% -6.02% -10.08% +37.07%
Brent Crude Oil BZ=F front-month futures
as of 2026-08-21 00:00:00
93.87 USD/bbl +0.10% +6.04% -6.77% -8.49% +40.44%
Natural Gas (Henry Hub) NG=F front-month futures
as of 2026-08-21 00:00:00
2.80 USD/MMBtu +2.38% +2.38% -4.05% -7.29% +1.67%
Gold GC=F front-month futures
as of 2026-08-21 00:00:00
4,661.60 USD/oz +3.22% +6.42% +15.20% +2.68% +39.43%
Silver SI=F front-month futures
as of 2026-08-21 00:00:00
69.01 USD/oz +1.45% +6.19% +19.40% -9.69% +83.03%
Copper HG=F front-month futures
as of 2026-08-21 00:00:00
6.58 USD/lb +1.86% -0.30% +4.36% +5.16% +48.67%
Broad Commodities (DJP) DJP ETN proxy
as of 2026-08-21 00:00:00
50.62 price +0.56% +4.13% +3.73% +1.57% +51.06%
Baltic Dry proxy (BDRY) BDRY ETF proxy ⚠️not BDI — tracking error
as of 2026-08-21 00:00:00
14.75 price +3.95% +3.24% +16.32% +18.00% +83.46%

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 / AssetRate (USD/unit)1D1W1M3M1Y
CAD/USD 0.7209 +0.45% +0.44% +1.16% -1.07% -0.79%
EUR/USD 1.1581 +0.43% +0.19% +1.17% -0.83% -0.79%
GBP/USD 1.3556 +0.44% +0.43% +0.53% +0.56% +0.35%
JPY/USD 0.0063 +0.09% -1.05% +2.02% -0.71% -7.17%
SGD/USD 0.7823 +0.16% -0.02% +0.92% -0.31% +0.32%
AUD/USD 0.7091 +0.47% +0.38% +1.24% -1.85% +8.56%
CNY/USD 0.1483 +0.02% +0.09% +0.47% +0.65% +6.49%
Bitcoin 24/7; midnight UTC ref $78,538 +7.54% +25.02% +25.03% +23.60% -13.00%