Titan Wealth Weekly Market Update - Monday 17th March

Welcome to this week’s Titan International market review for the week ending 16th March 2025. 

US equities entered correction territory this week, as government bonds continued to outshine risk assets and gold soared to new record highs.

Trade tensions ratcheted higher after President Donald Trump announced a dramatic escalation in tariffs, slapping a 50% duty on Canadian steel and aluminium imports—double the originally proposed 25%. 

Inflation data offered a mixed picture.

In Washington, a government shutdown was narrowly averted after Senate Democrats joined Republicans to pass a spending bill, extending funding through to the end of September. 

Equity markets delivered broadly negative returns over the week, with US stocks shedding more than 2%, European indices down 1.2%, and UK equities slipping by over 0.5%. 

Meanwhile, gold briefly breached the $3,000-per-ounce threshold for the first time on Friday morning, capping a remarkable rally that has seen the precious metal gain over 13% since the start of the year. 

Much focus for the week ahead will be on the interest rate decisions of the US Federal Reserve, Bank of England and Bank of Japan. Whilst all are expected to hold rates, investors will eagerly await commentary around the path of future rate moves.

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.