Titan Wealth Weekly Market Update - Monday 3rd March

Welcome to this week’s Titan International market review for the week ending 3rd March 2025. 

US equities declined for a second consecutive week, as European stocks continued to outperform year-to-date and government bond yields retreated on concerns over the latest US economic data.

The highlight of the economic calendar came on Friday with the release of the core personal consumption expenditures (PCE) price index—widely regarded as the Federal Reserve’s preferred inflation gauge. 

On the corporate front, the latest earnings season delivered an upside surprise, with companies in the S&P 500 reporting an average earnings growth of 17.8% compared with the same quarter a year earlier, according to FactSet data.

The broader US market finished the week down 1%, with technology stocks bearing the brunt of the sell-off, sliding 3.5%. In contrast, European equities eked out a 0.6% gain, while UK stocks rallied 1.75%. Chinese markets struggled, shedding more than 2% over the week.

Most of the declines came on Friday following an escalation in trade tensions. President Trump announced fresh tariffs, slapping an additional 10% levy on Chinese imports effective 4 March, alongside 25% tariffs on Canada and Mexico. 

In fixed income markets, US Treasury yields fell to their lowest levels in nearly three months as investors digested the latest economic data. 

Elsewhere, the recent sell-off in cryptocurrencies accelerated. Bitcoin dropped to around $84,500 by Friday, down roughly 12% on the week and 18% over the month. 

That’s all for this week’s Titan International Weekly Podcast. Thank you for listening and for further investment insights head over to titanwealthinternational.com.