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Global markets brace for life after global easing cycle

Markets prepare for fewer rate cuts as global easing peaks, prompting rotation beyond growth stocks.
On 6 November 2025, global equity markets prepared for the end of the recent interest-rate cutting cycle as major central banks signalled fewer future moves. Analysts noted the peak in rate cuts does not necessarily mean a down-turn in markets, but today's frothy valuations and dependency on cheap money raise caution. With equity indexes near all-time highs, the shift away from ultra-easy policy may lead to broader earnings participation rather than a repeat of growth-heavy rallies seen earlier.