10 November 2025
Another warning signal for financial markets – Download Chart of the week
The Market Place – Download Market Data
- The shutdown plus data black-out are creating a high-uncertainty environment for investors and the Fed – risks to growth and confidence are material and may weigh on markets until resolution.
- The UK is entering its budget cycle amid weak growth momentum, rising borrowing costs and structural headwinds – the window for large-scale reform or stimulus looks narrow.
- Europe grappled with fragile growth and rising geopolitical strain -holding ECB rates steady, tightening scrutiny of China trade, as Germany reviews sensitive imports and the Parliament battles over rule-of-law and budget power.
- China and Japan face economic headwinds with falling stocks and contracting exports, while global commodity markets adjust to OPEC+ output plans, and Western powers lift Syrian sanctions ahead of high-level diplomacy.
