Rate Worries, Resilient Stocks, and Record Gold
Despite ongoing concerns about interest rates, equity markets remained surprisingly resilient last week. Investors seem to be holding on to the expectation that central banks will start easing later this year, which has helped prevent a broad correction and pushed major indices slightly higher. At the same time, markets sought protection, with gold reaching another all-time high. A combination of
Central Banks Shift Gears, Markets Rally on Fed Cut
Last week, markets got exactly what they were hoping for. The Federal Reserve cut interest rates and signalled that this may just be the beginning. Investors responded with enthusiasm, triggering a sharp rally across equities. While the ECB, the Bank of England, and the Bank of Japan held their rates steady, Norway surprised markets with an unexpected cut. The message
Markets Await Fed Cut, Portfolio Delivers Again
The coming trading week will be dominated by the Federal Reserve’s interest rate decision. Expectations are high that the US central bank will begin its first rate-cutting cycle since last December. This makes the week particularly important, as the tone set by Jerome Powell could determine market direction for the final months of 2025. On the macroeconomic front, several key
All Eyes on Interest Rates, Portfolio Continues to Perform
This week, markets will focus primarily on the European Central Bank’s interest rate decision and new inflation figures from the United States. These indicators are expected to shed more light on the likelihood of a rate cut by the Federal Reserve. Recent employment reports from both ADP and the U.S. government suggest a further cooling of the American labour market,
Eyes on Rate Cut, Portfolio Continues to Perform
This week, all eyes are on the upcoming US jobs report, due this Friday. Before that, investors will be parsing through a series of purchasing managers’ indices (PMIs) for both manufacturing and services, along with fresh inflation data from the eurozone. With Wall Street closed today (Monday) for Labor Day, trading is expected to remain relatively subdued. July’s US job
Interest Rate Outlook, Political Tensions and Corporate News
In his speech last Friday, Federal Reserve Chair Jerome Powell opened the door to a possible rate cut in September. At the same time, he downplayed expectations for aggressive action, making a 50-basis-point cut highly unlikely. Markets reacted positively to the prospect of a cut, with gains recorded both on Wall Street and in Europe. The macroeconomic week begins with
Weekly Update: Quiet Start, Focus Shifts to Central Banks and Geopolitics
The international earnings season is gradually drawing to a close. Most major companies have now reported their results, and in many cases the figures have been better than expected, with improvements in margins and cash flows. This allows us to close out the summer period with renewed confidence in the fundamentals of our portfolio. In the coming week, investor attention
Weekly Update: Earnings Season Ends Strong, Focus Shifts to Inflation
Weekly Update: Earnings Season Ends Strong, Focus Shifts to Inflation The summer earnings season is all but over, and many of the stocks in our Sharesunderten portfolio have delivered solid to strong results. Companies not only exceeded expectations but also showed improvements in margins, cash flows, and growth forecasts. As a result, we close this period with confidence in the
Weekly Update: Volatility Persists Despite Trade Agreements
The fact that one major trading partner after another is reaching agreements with the United States has not yet restored calm to the financial markets. Both in the UK and abroad, this summer’s earnings season continues to be followed by sharp share price movements. Expensive stocks combined with ongoing uncertainty are keeping investors alert. In many ways, this summer resembles
Weekly Update: Nuclear Energy and Earnings Season Fireworks
Earnings season has begun. What immediately stands out: companies are reporting surprisingly strong results, despite a world full of uncertainty. Currency risks, geopolitical tensions, and the looming import tariffs set for August 1st create a volatile backdrop. But for those who stay focused, the main story is one of profit growth, resilience, and new opportunities. At SUT, we remain active,