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Insights

Trump, Trade and Tariffs – Will the Truce set the Market Free?

After reaching multi-month highs earlier in the week, global equity markets have paused rather than surged further. US equities rose as much as 2% during the week hitting another all-time high but faded to just 0.5% up by Thursday’s close.

So, what have been the main drivers of market dynamics this week?

Crowd Control: Retail Investors Trigger Turbulence

Global equity markets continued climbing this week, with the US, European, and Asian markets each registering gains of 1–2%. Yet beneath this broad-based improvement, notable volatility emerged in a subset of assets popular with non-professional investors, particularly in gold, thematic stocks, and crypto currency.

Markets in Motion: Volatility with Perspective

It’s been a topsy-turvy week for markets. After a long stretch of relative calm, this week saw the highest volatility since April. Headlines swung from renewed trade tensions between the US and China to strong earnings from major banks, followed by renewed jitters around US regional lenders.

Trade tariffs and geopolitics dominate in Q3

What moved markets over the quarter? Resilient economic data and the easing of trade tensions helped push global equity markets upwards in the third quarter of 2025. Central banks cutting interest rates, or signalling their intention to lower rates, was another theme that supported equity markets.

Political Pivots: France & Japan

Markets this week were shaped by politics, as leadership upheavals in France and Japan produced contrasting investor reactions, reflecting the differing economic and policy implications.

Understanding Bonds: How They Work and Why They Matter

Bonds are one of the most fundamental building blocks of investing. We cover what they are and the main types of bonds worth knowing.

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