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Market Insights Commentary:
Industry Insights
Next Leg Ahead: From Policy Patience to Market Rotation
U.S. Market Outlook Macro Environment Overview Inflation & Growth: Inflation remains stubbornly above the Fed’s 2% target. Core PCE inflation is running around ~2.8% year-on-year (September estimate), and Fed officials warn that without this year’s tariff boosts, core inflation might have been closer to ~2.3%. In fact, some policymakers are “nervous” that inflation could reaccelerate into year-end. Nonetheless, longer-run inflation expectations appear well-anchored, and pric
Nov 1069 min read
Global Markets in Flux: Between Easing Cycles and Escalating Frictions
After a strong six-month rally, equities are entering a consolidation phase. The bias remains upward, but earnings and inflation data will dictate short-term direction. Government bonds could see a modest bid if inflation data softens and fiscal uncertainty persists. Given this week’s events — tariff threats, record gold prices, rising fiscal worries, and an ongoing U.S. shutdown — next week’s tone will hinge on two fronts: U.S. CPI and corporate earnings. If both surprise on
Oct 1911 min read
Market Trends
Summary of the week - 17 Oct 25
Interest rate US: The Federal Reserve cut the federal funds rate by 25bps in September 2025 to a target range of 4.00%–4.25%, marking its first rate reduction since December 2024. The decision was largely expected, though Governor Stephen Miran dissented, preferring a larger 50bps move. Updated projections signaled an additional 75bps of easing through 2026, underscoring the Fed’s gradual pivot toward policy normalization. GDP growth forecasts were upgraded modestly through 2
Summary of the week - 10 Oct 25
Interest Rates US: The Federal Reserve lowered its benchmark federal funds rate by 25 basis points to a new target range of 4.00%–4.25% following its scheduled two-day policy meeting — a widely anticipated decision. One of twelve voting members dissented, preferring a deeper 50 bps reduction, signaling that the Committee remains divided on the pace of future easing. UK: The Bank of England voted to hold the Bank Rate steady at 4%, maintaining its restrictive stance. Policymak
Summary of the week - 5 Oct 25
Interest rate US: In September 2025, the Federal Reserve reduced the federal funds rate by 25 basis points to a target range of...
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