🌐📊G10 Equity Benchmarks, Weekly %

• U.S. benchmark equity index, S&P 500, closed the week down 0.53%, however, losses were more pronounced in Japanese, Australian and European indexes

• The Nikkei 225 gave 3.45% of its value, risk off sentiment was particularly more notable in the ASIAPAC region this week. MSCI Asia Ex-Japan hit 9-month lows

• Diverging from the rest of the group, NZX50, New Zealand's equity index, closed higher by 1.4% this week. RBNZ pushed back plans of hiking OCR during the August meeting. Caution is seen as Kiwi 10-year yields were down 14bps this week.