Tuesday's Markets Update (March 25, 2025)

25 Mar 2025 by rate3

On Tuesday, equities were mixed, while building permits dropped to the lowest level in six months, and home prices rose by 4.7%. Consumer confidence fell below expectations to a four-year low, with future expectations hitting a twelve-year bottom. Additionally, the manufacturing index dropped sharply to -4 from +6 a month ago due to a steep decrease in shipments.

World's Markets:

EU stocks were up on the Black Sea ceasefire, as the German business climate (86.7) continued to improve for the third month in a row, driven by a budget deal, with both manufacturers and service providers showing growing optimism. However, this indicator has been falling consistently since June 2021 when it reached 101.
The Brazilian real continued to strengthen on further tightening expectations and improved consumer confidence, which still remains in a pessimistic range. Local stocks rose.
The Indian market experienced a profit-taking recess, interrupting a week-long rally.
Chinese equities struggle for traction as the economy continues to grapple with slow growth, despite the CCP setting a 5% GDP growth target, raising the deficit to a three-decade high, and planning to boost consumption and domestic demand.
The South African business indicator, which has been falling since mid-2024, rose slightly, mostly due to sales of cars and residential buildings, but continues to show long-term challenges.
Turkey's manufacturing index increased, continuing its rise since December 2024. In the long run, the index has declined from over 114 in August 2021 to the current level of 104, indicating a persistent slowdown in the sector.
Commodities and Currencies:

Oil, the dollar index, gold, and silver have stabilized as traders remain uncertain.
Crypto:

BTC and ETH are holding their gains, while SOL continues to rise due to being technically oversold.
The State Of Markets: Mixed, with American markets ending Monday's relief rally, EU indexes showing some gains on a partial ceasefire, and Asian stocks uncertain in direction.