Скачать или смотреть The New Year Market Update: Global Stocks Shift as 2025 Begins

Markets have started the new year in a quieter-than-usual period, but there are still important developments beneath the surface.

In this market update, Kathleen looks at how early-year trading has unfolded and why global equities outside the US are beginning to outperform. For the first time since 2009, the MSCI World Index excluding the USA has risen more than the S&P 500, a notable shift in global market leadership.

We also discuss the impact of geopolitical developments, including reports of progress toward a potential peace deal between Ukraine and Russia, and how markets have responded to easing geopolitical risk.

This update breaks down what these moves could mean for global stocks, regional performance, and market sentiment as we head further into the new year.

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