Skip to content

The global week ahead: A hectic half first heralds a volatile second

  • The first half of 2025 was marked by major intraday swings and volatility. And Goldman Sachs expects even higher equity volatility in the second six months of the year.
  • All eyes next week will be on central bankers as they take center stage in Sintra, Portugal.
  • The U.K. Labour Party will also mark one year in office — as approval ratings unwind.

“Politics isn’t wagging the tail – it’s shaking the entire dog.”

These strong words from one wealth manager to CNBC last week capture a hectic first half of trading. They also set the stage for an uncertain second half, where “geoeconomics” looks set to remain a dominant market force.  

This week, expect attention to return to monetary policy, as central bankers from across the globe — who have kept their heads down amid political tensions — prepare to speak at the ECB Forum in Sintra, Portugal.   

Source: https://www.cnbc.com/2025/06/29/global-week-ahead-a-hectic-half-first-heralds-a-volatile-second.html