October 2025 Market Digest

Below are some key highlights from what happened in markets throughout October 2025:

Monthly highlights

• Progress with a US-China trade deal, as well as strong corporate earnings in the US, boosted investor sentiment.
• Equities continued to deliver strong performance while bond returns were also positive.

In our overview, we also provide market commentary to cover the 12 months to September 2025.

For more details please download our full Market Digest below.