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GSB 2025 Market Outlook
Written by GSB
In 2024, global markets experienced a strong performance, with major regions benefiting from easing monetary policy, technological innovation, and shifts in economic leadership. While the US led with impressive equity gains, Europe and the UK faced economic headwinds, and emerging markets showcased varied results. Japan’s equities surged, supported by corporate reforms, while short-term bonds provided a safe haven amid volatility.
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- US Equities: Tech giants fueled a market rally, with the Nasdaq and S&P 500 posting double-digit gains. The Federal Reserve's 100bps rate cut in late 2024 provided further support.
- Europe & UK: Political instability in France and Germany, alongside recession fears, dampened market sentiment. The European Central Bank implemented rate cuts to support economic activity, while the UK struggled with fiscal concerns and weaker domestic confidence.
- Japan: The Nikkei 225 reached levels not seen since 1989, driven by strong corporate earnings and a weaker yen, though high public debt remains a concern.
- Emerging Markets: A mixed performance, with India and Taiwan outperforming, while China faced continued economic challenges. The global AI boom supported gains in select Asian markets.
- Fixed Income & Bonds: Short-term bonds remained a pillar of stability, offering investors a buffer against volatility. The Federal Reserve’s rate cuts and a shift in global monetary policy signaled a more favorable environment for fixed-income investments.
- Strategic Outlook for 2025: GSB remains committed to strategic diversification, capitalizing on opportunities in innovation-led sectors while managing geopolitical and economic risks to deliver long-term value.
In this quarterly market update, the financial events of the first quarter are discussed as insights into what investors experienced.
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GSB
GSB Capital Ltd is registered with the Dubai International Financial Centre (DIFC), licence no. CL4377 and is regulated by the Dubai Financial Services Authority (DFSA) under license no. F006321. The registered address is Office 901, Floor 9, West Wing, The Gate, DIFC, PO Box 938542, Dubai, UAE. In respect of those activities GSB Capital performs in or from the DIFC, the law applicable to these activities is that of the DIFC.
GSB Capital LTD is registered in the UK, Company No. 13501680 and is regulated by the Financial Conduct Authority (FCA) under license 971774. The registered address is 1 Cornhill, City of London, EC3V 3ND, United Kingdom.
With respect to those activities GSB performs in or from the United Kingdom, the law applicable to these activities is that of the United Kingdom.
This guide should not be construed as advice and is intended for information purposes only. Any references to a particular tax or treatment thereof are for indicative purposes only and may change.