2 July 2025
The Five Percent Club – Download Chart of the week
The Market Place – Download Market Data
- Bullish equity markets driven by trade optimism and nascent signs of softening inflation kept Fed rate cuts in play despite housing weakness.
- UK inflation is cooling and labour demand softening, creating conditions for monetary easing, even as structural reforms and wage pressures persist.
- Fiscal and structural reforms continued in the EU, with inflation stable but consumer costs rising while markets awaited broader monetary cues.
- The macro picture remains volatile, oil and defence driven by geopolitics, emerging markets strained by structural pressures, with global growth outlook uncertain.
