AHR Weekly Market Update - Monday 6th January
Manage episode 459931614 series 2891086
Welcome to this week’s Titan International market review for the week ending 5th January 2025.
In a week shortened by the New Year holiday, equity markets broadly retreated, bond yields edged lower, and oil prices surged amid renewed concerns over global supply constraints.
Looking back at the year that has been, the S&P 500 ended 2024 on a high note, delivering its second consecutive annual gain of over 20%.
Meanwhile, 2024 proved tumultuous for bonds, as long-term yields climbed despite the Federal Reserve cutting its policy rate by 1%.
Looking at the week just been, Investor sentiment turned sour, partly driven by a revision to U.S. economic forecasts.
Adding to the gloom, corporate updates weighed on Wall Street.
Looking ahead, Wall Street will focus on the upcoming earnings season, with major U.S. banks kicking off reporting in mid-January.
Across global equity markets, U.S. stocks slid by 0.5% over the week, while European equities posted a modest gain of 0.2%.
Oil prices captured attention, with U.S. crude climbing over 4% for the week to settle near $74 per barrel—the highest level since mid-October.
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.
168 епізодів