- US trade tariffs are introducing uncertainty.
- Central banks’ actions remain in focus.
- China weighing the timing and size of fiscal policy.
- Geopolitics is driving commodity dynamics.
Months
March 2025
4 themes driving markets:
2025_02_ Monthly Market Views - EN Long
4 themes driving markets:
January 2025
4 themes driving markets:
2025_01_Monthly Market Views - EN Long
4 themes driving markets:
- US policy to drive short term growth amid trade tensions.
- Central banks to balance rate cuts with inflation concerns.
- Geopolitical shifts present risks and opportunities in Asia.
- Concentration risk favours opportunities in mid-caps.
December 2024
4 themes driving markets:
2024_12 - Monthly Market Views-EN Long
4 themes driving markets:
-
Fed to reassess policy easing speed and timing;
-
New policies could stimulate short term US growth;
-
Europe balancing fiscal rules with productivity investments;
-
China signals expansionary measures amid tariff concerns.
November 2024
4 themes driving markets:
2024_11 - Monthly Market Views-EN Long
4 themes driving markets:
- Inflation remains on a downward path
- US economy is linked with consumption and labour markets
- Fiscal policies getting increasingly important
- Chinese measures show positive intention
October 2024
4 themes driving markets:
2024_10 - Monthly Market Views-EN Long
4 themes driving markets:
-
Central banks’ policies
-
Market focus shifting to economic growth
-
Politics and fiscal policies
-
China attempts to stimulate economy