Market Review December 2025
Risk assets trading volatility heightened in November on fluctuating probability of Fed decision to reduce interest rate in the upcoming
Market Review November 2025
Risk assets continued to move higher in October, particularly in markets which are beneficiaries of AI investments. As expected, the
Market Review October 2025
Risk assets strengthened further in September across regions. As expected, the Federal Reserve cut rates by 25 bps in September.
Market Review September 2025
Risk assets strengthened further in August across regions. Investor attention continued to focus on US corporate earnings announcement and Federal
Market Review August 2025
Risk asset trading volatility remained high across regions. Investor attention continued to focus on US tariffs development. The start of
Market Review July 2025
Risk asset trading volatility remained high across regions, brought about by escalation in Israeli-Iranian conflict. Israel launched pre-emptive aerial bombardments
Market Review June 2025
Risk asset trading volatility continued to heighten across regions amidst uncertainties. Against the backdrop US trade negotiations with the European
Market Review May 2025
Risk asset trading volatility continued to heighten across regions amidst uncertain, unexpected and frequent policy changes by the US administration.
Market Review March 2025
Risk asset performance diverged across regions. Notably, US and ASEAN region underperformed, while China/HK shares had a good run. The
Market Review February 2025
Recovering from a retracement in December 2024, developed markets risk assets made good gains in the first month of the