AHR Weekly Market Update - Monday 13th January

AHR Weekly Market Update Podcast

Welcome to this week’s Titan International market review for the week ending 12th January 2025.

Global equity and bond markets endured a bruising week as seemingly positive economic data from the United States cast a shadow over valuations in both asset classes.

U.S. job growth surprised on the upside in December, with nonfarm payrolls surging by 256,000, marking the strongest gain since March and comfortably outstripping economists' expectations of a 160,000 increase.

The robust jobs report has further cemented the view that the Federal Reserve is unlikely to alter interest rates this month, with markets now speculating that policymakers may limit rate cuts to a single instance this year. In response, U.S. Treasury yields soared, with the benchmark 10-year note touching 4.79%—its highest level in over 14 months—before settling slightly lower at 4.77% by the close on Friday.

Across the Atlantic, similar concerns reverberated through UK markets.

For the week, US equities sold off around 2% as investors adjusted to the potential for higher interest rates than previously forecasted.

U.S. crude oil prices notched their third consecutive weekly gain, closing in on the $77 per barrel mark on Friday.

That’s all for this week’s Titan International Weekly Podcast. Thank you for listening and for further investment insights head over to titanwealthinternational.com.