6 July 2026
Less Equity, More Serenity: The Great DB Pension Glow-Up – Download Chart of the week
The Market Place – Download Market Data
- Softer labour market data encouraged expectations of a more accommodative Federal Reserve, supporting equities despite continued weakness in parts of the technology sector.
- Markets remained sensitive to political and fiscal credibility, with UK assets largely stable despite a mixed economic backdrop and signs of softer domestic demand.
- Improving inflation trends and expectations of a less restrictive ECB supported European risk assets despite ongoing geopolitical and trade-related uncertainties.
- China’s external trade developments increasingly overshadowed domestic economic policy. The yen weakness continued to dominate Japan’s investment outlook Global markets remained resilient despite persistent geopolitical and trade related risks.
