Market outlook: navigating policy shifts and geopolitical risks

Global markets are navigating a complex landscape of shifting monetary policy, political uncertainty, and evolving economic fundamentals. While the Federal Reserve has paused its easing cycle, the ECB continues to lower rates despite persistent inflationary pressures. Meanwhile, geopolitical tensions, including US tariff policies and European political developments, are adding further uncertainty. Bond markets reflect these dynamics, with expectations of tighter spreads in government and corporate debt. European equities are finding support from a weaker euro, while China's growth trajectory...