Market Overview Quarter 3 2025 1 July – 30 September 2025 and Outlook

Global equities rally strongly Global equities delivered strong gains through Q3 2025 overlooking earlier uncertainty and volatility. The strong performance was particularly noticeable amongst the global technology companies associated with artificial intelligence (AI); Nvidia’s valuation exceeded $4 trillion. In addition to strong progress in US equities, Japan and many emerging markets also registered impressive gains. […]