Q3 Market Commentary Video 2025

Watch our Q3 market update video, where William Marshall chats through the key themes that dominated the headlines:

• Positive market sentiment returned as trade tensions eased.

• Both the US and UK Central Banks cut interest rates, supporting markets.

• Slowing US job growth and ongoing political uncertainty, particularly concerns over US Central Bank influence, impacted bond markets.

Looking ahead:

1. Political uncertainty in France and the US may influence markets if economic or fiscal concerns increase.

2. The Autumn Budget (26 November) could create short-term volatility in Sterling and UK Gilts.