2025 Global Market Outlook: Trumponomics 2.0 and beyond

2025 looks set to be another eventful year in financial markets. Focus among market participants will be largely on news out of the incoming Trump administration, particularly details surrounding the Republicans tariff proposals. The world’s major central banks will continue to lower interest rates, as inflation globally gradually returns back to target levels, while growing downside risks to growth could trigger a mild global slowdown.

But, what do our analysts see as the main focal point for investors this year? How could the global economy perform, and which currencies do we think will under- and outperform in 2025? Listen to this week’s FX Talk episode to find out!

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