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Market Watch · Weekly

Equity Market Watch

Live · Updated Monday 08:00 IST
Reference date: Fri, 7 Aug 2026
Published: 10 Aug 2026 · USD where shown
S&P 500
7,757.64PTS
Weekly +3.58%
Nasdaq 100
29,722.30PTS
Weekly +5.12%
Stoxx 600
660.25PTS
Weekly +1.70%
Nikkei 225
65,606.71PTS
Weekly +1.93%
MSCI EM (EEM)
65.64USD
Weekly +2.42%
VIX
14.90PTS
Weekly -6.82%

Executive Summary

Where global equities sit this week
Weekly read

Where global equities sit this week — direction, breadth, leadership, risk.

Direction. The S&P 500 closed at 7,757.64 (+3.58% WoW; +13.32% YTD), with the Nasdaq 100 at 29,722.30 (+5.12% WoW; +17.71% YTD) and the Dow +2.96% on the week. Over three months the S&P is +4.85%, closing the week at a fresh trailing 52-week high of 7,757.64.

Breadth. Russell 2000 +3.52% WoW (+22.26% YTD) against the S&P's +3.58% — the small-vs-large spread is the cleanest weekly breadth tell. Across the GICS 11, 8 of 11 US sector ETFs finished the week higher, led by Information Technology (+7.20%) and lagged by Energy (-3.44%).

Leadership. Year-to-date the US sector table is topped by Information Technology (+30.56%) and Energy (+28.61%), with Communication Services (-5.50%) at the bottom. On factors, Value (+44.54% YTD) leads and Minimum Volatility (+6.86%) trails. Outside the US, Stoxx 600 is +1.70% WoW (+11.38% YTD local, +9.27% USD) and Japan +1.93% WoW (+30.33% YTD local, +28.69% USD) — a reminder of how much of the headline number is FX rather than price. In EM, broad EEM is +2.42% WoW (+19.98% YTD), India's Nifty +0.77% WoW (-5.97% YTD local) and Saudi Arabia's TASI at 10,720.28 (+2.19% YTD).

Risk. VIX at 14.90 (-6.82% WoW) and the MOVE Treasury-vol index last printed 70.88 on 17 Jul (vendor feed carried forward) as the US 10Y printed 4.660% (-1.79% WoW). The dollar is -0.20% on the DXY at 99.60; credit ETFs (HYG +0.16%, LQD +0.28%) frame risk appetite at the long end of the corporate curve. Equity vol eased on the week; the Treasury-vol series is carried forward from an earlier print, so the equity-versus-rates vol comparison is indicative rather than same-day.

S&P 500 (5-year)

Index level, weekly observations

Source: Exchange data via vendor feeds; ABI Analytics compilation.

VIX (5-year)

CBOE 30-day implied vol on the S&P 500

Source: Exchange data via vendor feeds; ABI Analytics compilation.

MSCI EM vs S&P 500 (relative, rebased)

EEM/SPY price ratio · 5-year, rebased to 100

Source: Exchange data via vendor feeds; ABI Analytics compilation.

US 10Y Yield (5-year)

Real-economy anchor for equity duration

Source: Exchange data via vendor feeds; ABI Analytics compilation.

Global Markets

25 indices · local-currency and USD-translated returns
Reading the table. The first block of columns shows price returns in each index's home currency. The columns to the right of the divider translate YTD and 1Y into US dollars using the relevant FX cross at each horizon — that is what a USD-based global allocator actually earns. Where the two diverge sharply, currency rather than equity beta is doing the work.

North America

S&P 500, Nasdaq 100, Dow, Russell 2000, S&P/TSX
IndexLast (local)1W1MYTD1Y YTD (USD)1Y (USD)
S&P 500 7,757.64 +3.6% +3.7% +13.3% +22.4%
Nasdaq 100 29,722.30 +5.1% +1.6% +17.7% +27.1%
Dow Jones Industrial Avg 54,036.93 +3.0% +3.2% +12.4% +22.9%
Russell 2000 3,034.49 +3.5% +2.6% +22.3% +37.0%
S&P/TSX Composite 36,381.20 +3.3% +4.1% +14.7% +31.1% +12.1%+28.4%

Source: Exchange data via vendor feeds; ABI Analytics compilation.

Europe

Stoxx 600 plus the six large-cap national benchmarks
IndexLast (local)1W1MYTD1Y YTD (USD)1Y (USD)
Stoxx Europe 600 660.25 +1.7% +3.8% +11.4% +20.9% +9.3%+19.3%
DAX 26,319.45 +2.7% +5.7% +7.5% +8.8% +5.4%+7.4%
CAC 40 8,714.93 +2.4% +5.6% +6.9% +13.0% +4.9%+11.6%
FTSE 100 10,901.10 +0.3% +3.9% +9.8% +19.8% +9.7%+19.8%
FTSE MIB 53,717.00 +3.0% +3.7% +19.5% +29.8% +17.3%+28.1%
SMI 14,544.91 +1.4% +2.6% +9.6% +22.7% +6.8%+21.7%
IBEX 35 20,176.00 +2.0% +5.6% +16.6% +37.3% +14.4%+35.5%

Source: Exchange data via vendor feeds; ABI Analytics compilation.

Asia-Pacific Developed

Japan (two), Australia, Korea, Hong Kong
IndexLast (local)1W1MYTD1Y YTD (USD)1Y (USD)
Nikkei 225 65,606.71 +1.9% -1.8% +30.3% +59.8% +28.7%+48.1%
TOPIX (1308.T proxy) 4,190.00 +1.7% +1.3% +18.4% +36.6% +16.9%+26.6%
ASX 200 9,263.60 +3.2% +5.4% +6.3% +4.9% +11.6%+13.1%
KOSPI 6,258.77 -5.1% -13.6% +48.5% +93.9% +50.1%+88.8%
Hang Seng 25,668.03 -0.8% +6.1% +0.1% +2.3% -0.7%+2.4%

Source: Exchange data via vendor feeds; ABI Analytics compilation.

Emerging Markets

EEM proxy, China onshore, India (Nifty + Sensex), Brazil, Mexico, Saudi Arabia
IndexLast (local)1W1MYTD1Y YTD (USD)1Y (USD)
MSCI EM (EEM ETF proxy) 65.64 +2.4% -0.9% +20.0% +32.7%
CSI 300 4,529.10 +0.0% -4.8% -2.2% +10.1% +1.4%+17.1%
Shanghai Composite 3,940.04 +2.8% -0.8% -0.7% +8.3% +2.9%+15.2%
Nifty 50 24,570.65 +0.8% +2.9% -6.0% -0.1% -11.4%-8.4%
BSE Sensex 78,499.17 +0.5% +2.6% -7.9% -2.6% -13.2%-10.7%
Bovespa 172,513.00 -3.1% +1.1% +7.1% +26.4% +14.5%+33.6%
S&P/BMV IPC 66,938.64 +0.0% +0.5% +4.1% +14.9% +8.8%+24.3%
Tadawul All Share (TASI) 10,720.28 +0.0% -1.2% +2.2% -1.9% +5.2%+1.0%

Source: Exchange data via vendor feeds; ABI Analytics compilation.

Global headline indices — rebased 5-year performance

S&P 500, Stoxx 600, Nikkei 225 and MSCI EM, all rebased to 100 at start of window

Source: Exchange data via vendor feeds; ABI Analytics compilation.

US Sectors — SPDR ETF lens

11 GICS sectors via XLE/XLB/.../XLRE · sorted by YTD
Leadership read. US sector ETFs are the cleanest read on what is working: SPDR Select Sector funds (the XLx series) replicate the GICS 11 with deep daily turnover and minimal tracking error. Cards are sorted by year-to-date return, so the top of the grid is the year's leadership and the bottom is the funding source. Pair the YTD ranking with the 1W pill to separate a durable regime from a one-week rotation.

Information Technology (XLK)

SPDR sector ETF · USD price
187.97USD
1W +7.20% 1M +3.62% YTD +30.56% 1Y +42.79%

Energy (XLE)

SPDR sector ETF · USD price
57.50USD
1W -3.44% 1M +3.42% YTD +28.61% 1Y +36.27%

Industrials (XLI)

SPDR sector ETF · USD price
185.18USD
1W +2.97% 1M +2.64% YTD +19.38% 1Y +22.87%

Materials (XLB)

SPDR sector ETF · USD price
52.86USD
1W +4.82% 1M +5.38% YTD +16.56% 1Y +20.26%

Real Estate (XLRE)

SPDR sector ETF · USD price
44.98USD
1W -0.20% 1M +1.88% YTD +11.47% 1Y +8.15%

Consumer Staples (XLP)

SPDR sector ETF · USD price
85.12USD
1W +0.08% 1M +0.87% YTD +9.58% 1Y +3.50%

Health Care (XLV)

SPDR sector ETF · USD price
165.68USD
1W +1.93% 1M +2.08% YTD +7.03% 1Y +28.42%

Financials (XLF)

SPDR sector ETF · USD price
57.60USD
1W +1.16% 1M +4.78% YTD +5.17% 1Y +12.13%

Utilities (XLU)

SPDR sector ETF · USD price
43.61USD
1W -1.67% 1M -3.86% YTD +2.16% 1Y +0.77%

Consumer Discretionary (XLY)

SPDR sector ETF · USD price
119.86USD
1W +3.25% 1M +3.95% YTD +0.38% 1Y +7.31%

Communication Services (XLC)

SPDR sector ETF · USD price
111.25USD
1W +2.78% 1M +1.64% YTD -5.50% 1Y +3.71%

US sector snapshot

SectorLast1W1MYTD1Y
Information Technology 187.97 +7.2% +3.6% +30.6% +42.8%
Energy 57.50 -3.4% +3.4% +28.6% +36.3%
Industrials 185.18 +3.0% +2.6% +19.4% +22.9%
Materials 52.86 +4.8% +5.4% +16.6% +20.3%
Real Estate 44.98 -0.2% +1.9% +11.5% +8.2%
Consumer Staples 85.12 +0.1% +0.9% +9.6% +3.5%
Health Care 165.68 +1.9% +2.1% +7.0% +28.4%
Financials 57.60 +1.2% +4.8% +5.2% +12.1%
Utilities 43.61 -1.7% -3.9% +2.2% +0.8%
Consumer Discretionary 119.86 +3.2% +4.0% +0.4% +7.3%
Communication Services 111.25 +2.8% +1.6% -5.5% +3.7%

Source: Exchange data via vendor feeds; ABI Analytics compilation. Sector ETFs from State Street Global Advisors.

Factors & Styles

Momentum, Quality, Value, Low Vol, Size, Dividend Growth — via iShares MSCI USA factor ETFs
How to read. These are iShares MSCI USA single-factor ETFs, each isolating exposure to one well-documented style premium within the same US large- and mid-cap universe. Because the underlying universe is common, relative performance between them is a reasonably clean style signal rather than a market-cap or geography effect. Relative YTD performance shows which style is paying this year; the 1W pill shows whether that leadership held through the latest week.

Value (VLUE)

MSCI USA factor ETF · USD price
197.63USD
1W +3.40% 1M +3.22% YTD +44.54% 1Y +74.52%

Momentum (MTUM)

MSCI USA factor ETF · USD price
309.32USD
1W +3.25% 1M -1.76% YTD +23.57% 1Y +26.84%

Dividend Growth (DGRO)

MSCI USA factor ETF · USD price
79.47USD
1W +1.87% 1M +3.44% YTD +14.48% 1Y +22.58%

Size (SIZE)

MSCI USA factor ETF · USD price
184.29USD
1W +3.23% 1M +3.83% YTD +14.06% 1Y +18.49%

Quality (QUAL)

MSCI USA factor ETF · USD price
225.69USD
1W +2.90% 1M +4.04% YTD +13.63% 1Y +22.58%

Minimum Volatility (USMV)

MSCI USA factor ETF · USD price
100.62USD
1W +2.75% 1M +3.04% YTD +6.86% 1Y +8.67%

Factor snapshot

FactorLast1W1MYTD1Y
Value (VLUE) 197.63 +3.4% +3.2% +44.5% +74.5%
Momentum (MTUM) 309.32 +3.2% -1.8% +23.6% +26.8%
Dividend Growth (DGRO) 79.47 +1.9% +3.4% +14.5% +22.6%
Size (SIZE) 184.29 +3.2% +3.8% +14.1% +18.5%
Quality (QUAL) 225.69 +2.9% +4.0% +13.6% +22.6%
Minimum Volatility (USMV) 100.62 +2.7% +3.0% +6.9% +8.7%

Source: Exchange data via vendor feeds; ABI Analytics compilation. Factor ETFs from iShares / BlackRock.

Volatility & Risk

VIX, VXN, MOVE and drawdown context
Risk lens. VIX captures S&P 500 implied volatility; VXN does the same for the Nasdaq 100; MOVE is the comparable option-implied index for US Treasuries. Read the equity and bond vol pair together — when MOVE leads VIX higher, the stress is usually rates-driven and equity multiples are the transmission channel rather than the source. The drawdown table below frames how far each benchmark sits from its own trailing 52-week high, which is often a better risk gauge than a spot vol level.

VIX (5-year)

CBOE 30-day implied vol · S&P 500
14.90
1W -6.82% 1M -11.83% YTD -0.33% 1Y -10.08%

Source: Exchange data via vendor feeds; ABI Analytics compilation. CBOE for VIX.

MOVE Bond Vol (5-year)

ICE BofA US Treasury option-implied vol
70.88
1W +0.00% 1M -2.11% YTD +10.82% 1Y -11.57%

Source: Exchange data via vendor feeds; ABI Analytics compilation. ICE for MOVE.

Volatility snapshot

Risk gaugeLast1W1MYTD1Y
VIX 14.90 -6.8% -11.8% -0.3% -10.1%
VXN (Nasdaq vol) 22.82 -12.2% -18.1% +16.7% +21.3%
MOVE Bond Vol 70.88 +0.0% -2.1% +10.8% -11.6%

Source: Exchange data via vendor feeds; ABI Analytics compilation. CBOE for VIX/VXN; ICE for MOVE.

Drawdown read — 52-week-high context

IndexLast52W HighDrawdownYTD1Y
S&P 500 7,757.64 7,757.64 +0.0% +13.3% +22.4%
Nasdaq 100 29,722.30 30,660.60 -3.1% +17.7% +27.1%
Russell 2000 3,034.49 3,036.98 -0.1% +22.3% +37.0%
Stoxx Europe 600 660.25 660.25 +0.0% +11.4% +20.9%
Nikkei 225 65,606.71 72,366.34 -9.3% +30.3% +59.8%
MSCI EM (EEM ETF proxy) 65.64 71.21 -7.8% +20.0% +32.7%
Hang Seng 25,668.03 27,968.09 -8.2% +0.1% +2.3%
Nifty 50 24,570.65 26,328.55 -6.7% -6.0% -0.1%
Tadawul All Share (TASI) 10,720.28 11,752.08 -8.8% +2.2% -1.9%

Source: Exchange data via vendor feeds; ABI Analytics compilation. Drawdown computed against the trailing 52-week high.

Cross-Asset Context

Rates, FX and credit — the macro context for the equity tape
Context. Equities do not trade in a vacuum. The US 10Y sets the duration regime and the discount rate on long-dated cash flows; the DXY determines how much of a foreign index's local return survives translation into dollars; and high-yield versus investment-grade credit ETFs are the earliest read on risk appetite at the long end of the corporate curve. When credit and equities disagree, credit has historically been the more reliable signal.

US 10Y Yield (5-year)

CBOE-quoted 10-year Treasury yield index
4.660%
1W -1.79% 1M +1.99% YTD +11.94% 1Y +9.80%

Source: Exchange data via vendor feeds; ABI Analytics compilation.

DXY (5-year)

ICE US Dollar Index
99.60
1W -0.20% 1M -1.43% YTD +1.34% 1Y +1.22%

Source: Exchange data via vendor feeds; ABI Analytics compilation.

Rates snapshot

InstrumentLast1W1MYTD1Y
US 13-Week T-Bill 3.710 +0.8% -0.3% +4.6% -10.3%
US 5Y Treasury Yield 4.362 -2.2% +1.3% +17.2% +15.1%
US 10Y Treasury Yield 4.660 -1.8% +2.0% +11.9% +9.8%
US 30Y Treasury Yield 5.211 -1.2% +2.9% +7.7% +8.2%

Source: Exchange data via vendor feeds; ABI Analytics compilation. CBOE-quoted yield indices; changes are percent changes in the yield level, not basis points.

Credit ETF snapshot

InstrumentLast1W1MYTD1Y
HYG — US High Yield 79.61 +0.2% -0.1% -1.3% -0.7%
LQD — US Investment Grade 106.55 +0.3% -1.0% -3.3% -2.9%
AGG — US Aggregate Bond 97.60 +0.2% -0.4% -2.3% -1.5%
TLT — 20+ Yr Treasury 82.76 +0.6% -1.9% -5.0% -5.6%

Source: Exchange data via vendor feeds; ABI Analytics compilation. iShares for HYG/LQD/AGG/TLT. A falling ETF price approximates wider spreads or higher yields.

FX snapshot

InstrumentLast1W1MYTD1Y
DXY Dollar Index 99.60 -0.2% -1.4% +1.3% +1.2%
EUR/USD 1.1525 +0.0% +0.9% -1.9% -1.3%
USD/JPY 158.41 -1.1% -2.5% +1.3% +7.9%
GBP/USD 1.3455 -0.0% +0.4% -0.1% +0.0%
USD/CHF 0.8124 +0.8% +0.5% +2.6% +0.8%
USD/CNY 6.7488 -0.1% -0.8% -3.5% -6.0%
USD/INR 95.31 -0.4% -0.6% +6.2% +9.0%
USD/KRW 1,422.30 +0.1% -5.4% -1.1% +2.7%
USD/HKD 7.8443 +0.0% +0.1% +0.8% -0.1%
USD/CAD 1.4014 +0.0% -1.1% +2.3% +2.0%
USD/AUD 1.4218 -0.1% -1.4% -4.8% -7.2%
USD/BRL 5.1218 +0.9% -0.8% -6.5% -5.4%
USD/MXN 17.20 -0.8% -2.1% -4.3% -7.5%
USD/SAR 3.6415 -3.0% -2.7% -2.8% -2.9%

Source: Exchange data via vendor feeds; ABI Analytics compilation.

Snapshot Tables — full universe

One-glance read for every benchmark in the dashboard
Reading. Every instrument tracked in this dashboard, grouped by asset class and region. Index levels are in local currency; ETFs and FX are as quoted. Pills show the percent change versus each prior period, measured against the last observation on or before that date.

North America Indices

5 instruments
InstrumentLast1W1MYTD1Y
S&P 500 7,757.64 +3.6% +3.7% +13.3% +22.4%
Nasdaq 100 29,722.30 +5.1% +1.6% +17.7% +27.1%
Dow Jones Industrial Avg 54,036.93 +3.0% +3.2% +12.4% +22.9%
Russell 2000 3,034.49 +3.5% +2.6% +22.3% +37.0%
S&P/TSX Composite 36,381.20 +3.3% +4.1% +14.7% +31.1%

Source: Exchange data via vendor feeds; ABI Analytics compilation.

Europe Indices

7 instruments
InstrumentLast1W1MYTD1Y
Stoxx Europe 600 660.25 +1.7% +3.8% +11.4% +20.9%
DAX 26,319.45 +2.7% +5.7% +7.5% +8.8%
CAC 40 8,714.93 +2.4% +5.6% +6.9% +13.0%
FTSE 100 10,901.10 +0.3% +3.9% +9.8% +19.8%
FTSE MIB 53,717.00 +3.0% +3.7% +19.5% +29.8%
SMI 14,544.91 +1.4% +2.6% +9.6% +22.7%
IBEX 35 20,176.00 +2.0% +5.6% +16.6% +37.3%

Source: Exchange data via vendor feeds; ABI Analytics compilation.

Asia-Pacific Developed Indices

5 instruments
InstrumentLast1W1MYTD1Y
Nikkei 225 65,606.71 +1.9% -1.8% +30.3% +59.8%
TOPIX (1308.T proxy) 4,190.00 +1.7% +1.3% +18.4% +36.6%
ASX 200 9,263.60 +3.2% +5.4% +6.3% +4.9%
KOSPI 6,258.77 -5.1% -13.6% +48.5% +93.9%
Hang Seng 25,668.03 -0.8% +6.1% +0.1% +2.3%

Source: Exchange data via vendor feeds; ABI Analytics compilation.

Emerging Market Indices

8 instruments
InstrumentLast1W1MYTD1Y
MSCI EM (EEM ETF proxy) 65.64 +2.4% -0.9% +20.0% +32.7%
CSI 300 4,529.10 +0.0% -4.8% -2.2% +10.1%
Shanghai Composite 3,940.04 +2.8% -0.8% -0.7% +8.3%
Nifty 50 24,570.65 +0.8% +2.9% -6.0% -0.1%
BSE Sensex 78,499.17 +0.5% +2.6% -7.9% -2.6%
Bovespa 172,513.00 -3.1% +1.1% +7.1% +26.4%
S&P/BMV IPC 66,938.64 +0.0% +0.5% +4.1% +14.9%
Tadawul All Share (TASI) 10,720.28 +0.0% -1.2% +2.2% -1.9%

Source: Exchange data via vendor feeds; ABI Analytics compilation.

US Sector ETFs

11 instruments
InstrumentLast1W1MYTD1Y
Information Technology 187.97 +7.2% +3.6% +30.6% +42.8%
Energy 57.50 -3.4% +3.4% +28.6% +36.3%
Industrials 185.18 +3.0% +2.6% +19.4% +22.9%
Materials 52.86 +4.8% +5.4% +16.6% +20.3%
Real Estate 44.98 -0.2% +1.9% +11.5% +8.2%
Consumer Staples 85.12 +0.1% +0.9% +9.6% +3.5%
Health Care 165.68 +1.9% +2.1% +7.0% +28.4%
Financials 57.60 +1.2% +4.8% +5.2% +12.1%
Utilities 43.61 -1.7% -3.9% +2.2% +0.8%
Consumer Discretionary 119.86 +3.2% +4.0% +0.4% +7.3%
Communication Services 111.25 +2.8% +1.6% -5.5% +3.7%

Source: Exchange data via vendor feeds; ABI Analytics compilation. Sector ETFs from State Street Global Advisors.

Factor ETFs

6 instruments
InstrumentLast1W1MYTD1Y
Value (VLUE) 197.63 +3.4% +3.2% +44.5% +74.5%
Momentum (MTUM) 309.32 +3.2% -1.8% +23.6% +26.8%
Dividend Growth (DGRO) 79.47 +1.9% +3.4% +14.5% +22.6%
Size (SIZE) 184.29 +3.2% +3.8% +14.1% +18.5%
Quality (QUAL) 225.69 +2.9% +4.0% +13.6% +22.6%
Minimum Volatility (USMV) 100.62 +2.7% +3.0% +6.9% +8.7%

Source: Exchange data via vendor feeds; ABI Analytics compilation. Factor ETFs from iShares / BlackRock.

Volatility

3 instruments
InstrumentLast1W1MYTD1Y
VIX 14.90 -6.8% -11.8% -0.3% -10.1%
VXN (Nasdaq vol) 22.82 -12.2% -18.1% +16.7% +21.3%
MOVE Bond Vol 70.88 +0.0% -2.1% +10.8% -11.6%

Source: Exchange data via vendor feeds; ABI Analytics compilation. CBOE for VIX/VXN; ICE for MOVE.

Rates

4 instruments
InstrumentLast1W1MYTD1Y
US 13-Week T-Bill 3.710 +0.8% -0.3% +4.6% -10.3%
US 5Y Treasury Yield 4.362 -2.2% +1.3% +17.2% +15.1%
US 10Y Treasury Yield 4.660 -1.8% +2.0% +11.9% +9.8%
US 30Y Treasury Yield 5.211 -1.2% +2.9% +7.7% +8.2%

Source: Exchange data via vendor feeds; ABI Analytics compilation. CBOE-quoted yield indices.

Credit ETFs

4 instruments
InstrumentLast1W1MYTD1Y
HYG — US High Yield 79.61 +0.2% -0.1% -1.3% -0.7%
LQD — US Investment Grade 106.55 +0.3% -1.0% -3.3% -2.9%
AGG — US Aggregate Bond 97.60 +0.2% -0.4% -2.3% -1.5%
TLT — 20+ Yr Treasury 82.76 +0.6% -1.9% -5.0% -5.6%

Source: Exchange data via vendor feeds; ABI Analytics compilation. iShares for HYG/LQD/AGG/TLT.

Foreign Exchange

14 instruments
InstrumentLast1W1MYTD1Y
DXY Dollar Index 99.60 -0.2% -1.4% +1.3% +1.2%
EUR/USD 1.1525 +0.0% +0.9% -1.9% -1.3%
USD/JPY 158.41 -1.1% -2.5% +1.3% +7.9%
GBP/USD 1.3455 -0.0% +0.4% -0.1% +0.0%
USD/CHF 0.8124 +0.8% +0.5% +2.6% +0.8%
USD/CNY 6.7488 -0.1% -0.8% -3.5% -6.0%
USD/INR 95.31 -0.4% -0.6% +6.2% +9.0%
USD/KRW 1,422.30 +0.1% -5.4% -1.1% +2.7%
USD/HKD 7.8443 +0.0% +0.1% +0.8% -0.1%
USD/CAD 1.4014 +0.0% -1.1% +2.3% +2.0%
USD/AUD 1.4218 -0.1% -1.4% -4.8% -7.2%
USD/BRL 5.1218 +0.9% -0.8% -6.5% -5.4%
USD/MXN 17.20 -0.8% -2.1% -4.3% -7.5%
USD/SAR 3.6415 -3.0% -2.7% -2.8% -2.9%

Source: Exchange data via vendor feeds; ABI Analytics compilation.

Methodology & Sources

What's in the tape and where it came from

Pricing & cadence

Publication: every Monday at 08:00 IST with the prior Friday's closing prints. Where Friday is a market holiday, the most recent settlement on or before that date is used as the anchor.

Indices: end-of-day exchange feeds for the 25 benchmark indices. Cash settlements where available; otherwise index level. TOPIX uses an ETF proxy (1308.T) for chart continuity, and MSCI EM is represented by the EEM ETF.

US sectors: SPDR Select Sector ETFs (XLE, XLB, XLI, XLY, XLP, XLV, XLF, XLK, XLC, XLU, XLRE) — the cleanest liquid read on GICS 11 dynamics.

Factors: iShares MSCI USA single-factor ETFs (MTUM, QUAL, VLUE, USMV, SIZE, DGRO).

Volatility: CBOE VIX and VXN; ICE BofA MOVE for Treasury option-implied vol.

Rates & FX: CBOE-quoted yield indices (^IRX, ^FVX, ^TNX, ^TYX); spot FX pairs via vendor feeds; ICE Dollar Index for DXY.

Credit: iShares HYG, LQD, AGG and TLT as ETF proxies for high-yield, investment-grade, aggregate and long Treasury exposure.

Return windows: 1W, 1M, 3M and 1Y are calendar-day lookbacks (7, 30, 90 and 365 days) taken against the last observation on or before that date. YTD is measured from the final close of the prior calendar year. Drawdown is computed against the trailing 52-week high.

Feed currency note: the following series had no vendor print on the reference date; the most recent available settlement is carried forward and all return windows are measured from it — 000300.SS (last print 2026-07-17), ^MOVE (last print 2026-07-17), ^TASI.SR (last print 2026-07-16).

How we read the tape

Four questions anchor every weekly read:

(i) Direction. Where did the major benchmarks finish versus last week, last month, year-start and year-on-year, and how far are they from their own 52-week highs?

(ii) Breadth. Is the move concentrated in mega-cap technology, or broad-based with the Russell 2000, the equal-weight complex and EM participating?

(iii) Leadership. Which sectors and factors are working, and what does that say about the regime — cyclical, defensive, growth or value?

(iv) Risk regime. Are the vol gauges (VIX, VXN, MOVE) consistent with the equity tape, or is one diverging from the other?

Local-currency returns are shown alongside USD-translated returns for every non-USD index — the FX leg is often half the story for global allocators.

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