Spooked by trade tensions, global stocks to deliver tempered gains in 2025: Reuters poll

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Spooked by trade tensions, global stocks to deliver tempered gains in 2025: Reuters poll - Channel News Asia

Quick Summary:

BENGALURU : Most major stock markets will fail to even repeat this year's lacklustre performance in 2025 based on the prospect of global trade tensions and a worsening inflation outlook holding back gains, according to a Reuters poll of equity analysts.U.S.

Only France's CAC 40, which is down nearly 4 per cent for the year, was expected to recoup all of those losses and end next year about 9 per cent higher from current levels.

"We are emerging from a highly unusual period in which one market (the U.S.) and one sector (technology) dominated returns - and within that sector, a handful of exceptional firms drove the large bulk of those returns," noted Justin Thomson, head of international equity at T.Rowe Price.