Monitor daily share price movements across a range of markets from a single list.
All prices are displayed in local currency terms.
Paul Nicholson Head of Investment Strategy
Stephen Grissing Investment Strategist
Scott McElhinney Investment Strategist
Conor Murtagh Investment Associate
30th June, 2025
Global equities finished higher for the week as tensions eased in the Middle East following the US attack on Iran’s nuclear facilities at the start of the week. An Israel-Iran ceasefire was reached on Tuesday. A NATO summit took place in the Hague last week, where NATO leaders pledged to increase their annual defence spending to 5% GDP, meeting a long-standing demand by President Trump. On the US macro front, the S&P Global Manufacturing & Services PMIs both came in higher than expected. Michigan consumer sentiment data released on Friday showed that sentiment rebounded in June, increasing for the first time in six months. In Europe, inflation figures in both France & Spain moved higher for the first time in 2025. In Germany, the Federal Budget was approved on Tuesday, with record investments to stimulate growth and plans for defence spending to rise to 3.5% GDP by 2029. In the UK, S&P manufacturing & services PMIs increased to 47.7 and 51.3 in June respectively, more than last month’s readings. Finally, in Japan, Tokyo inflation eased to 3.1% in June, down from 3.4% in May.
Looking ahead to this week, ISM manufacturing & services PMIs will be released in the US. Nonfarm payrolls will also be released on Thursday. The most recent report for May showed that the US labour market was stable but cooling. Eurozone inflation is due out on Tuesday while German inflation figures will be released today. In the UK, Bank of England (BOE) Governor Bailey is due to speak on Tuesday amid growing signs that the UK jobs markets is slowing. Markets are expecting a rate cut at the BOE’s next meeting in August. In China, investors will receive manufacturing and services PMIs this week.
Source: Bloomberg, Davy as of 24/06/2025. Story count is based on the Bloomberg story count function which generates a time series showing the number of Bloomberg-published stories containing the keywords “Sell America” over a selected time frame (daily in this case).
Warning: The information in this article is not a recommendation or investment research. It does not purport to be financial advice and does not take into account the investment objectives, knowledge and experience or financial situation of any particular person. There is no guarantee that by putting a financial or investment plan in place, you will meet your objectives. You should speak to your adviser, in the context of your own personal circumstances, prior to making any financial or investment decision.
Warning: Forecasts are not a reliable indicator of future performance.
Warning: Past performance is not a reliable guide to future performance. The value of your investment may go down as well as up.
Please click here for Market Data and additional important information.
23 June, 2025
16 June, 2025
9 June, 2025
Login to myDavy, the easy way to view your Davy account online
Login
It all begins with a simple, no obligation conversation.
Wealth Management
For investors who are comfortable making their own investment decisions.
Visit davyselect.ie