Welcome to this week’s Titan International market review for the week ending 4th May 2025.

Global equity markets continued their recent recovery over the week, as improving sentiment around global trade and positive corporate earnings took centre stage.

First-quarter corporate earnings in the United States are coming in ahead of expectations, helping lift equity markets despite renewed signs of economic fragility.

However, guidance for the second quarter has notably deteriorated. Corporates are flagging mounting headwinds, particularly around consumer demand and persistent trade uncertainties.

Economic data releases over the week were mixed.

In contrast, eurozone economic activity accelerated. Preliminary estimates showed GDP expanded by 0.4% in the first quarter, doubling the pace seen in the final months of 2024 and exceeding consensus forecasts.

The US labour market continues to hold firm.

Equity markets responded positively. US stocks rose almost 3% over the week, buoyed by strong tech sector earnings.

Oil prices came under renewed pressure, falling 7% after OPEC+ announced plans to increase production by 411,000 barrels per day in June.

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.