True Potential Morning Markets

George Bell, Investment Director, discusses equity market moves, corporate earnings supported by AI-related sectors, the health of the US consumers, and a look ahead to key US inflation data this week.

Kevin Kidney, Head of Investments, and Paul Durrans, Investment Director, discuss strong corporate earnings, the persisting upside risks to inflation, and the constructive backdrop for multi-asset portfolios

Kevin Kidney, Head of Investments, discusses the deteriorating ceasefire between the US and Iran, the likely trajectory of central bank interest rate policy, and the continued AI investment which is driving market sentiment.

Paul Durrans, Investment Director, and Matt Henderson, Portfolio Manager, discuss the new highs in oil prices and its affects on both equity and bond markets. They also cover the interest rate decisions form the Federal Reserve and Bank of England, as well as a look at US corporate earnings which saw results from big tech companies such as Amazon, Alphabet and Meta.

As optimism returns to the markets following the US and Iran ceasefire, our Investment Director, Kevin Kidney, analyses the reasoning behind the equity market positivity, and previews the week ahead.

Matt Henderson, Portfolio Manager, and George Bell, Investment Director take a look back at a positive week for international equity markets as there was a rally following the news of a ceasefire between the US and Iran. With the reduced concern around the supply of energy, what does this mean for your money?

This Morning Markets update with our Investment Director, Paul Durrans analyses how global equities have rebounded despite renewed Middle East tensions and disruption risks around the Strait of Hormuz. We will also look at how oil has moved back above $100 and how inflation pressures are back in focus, just as earnings season begins.

Sebastian Mackay, Investment Director, and Lexi Herriot, Investment Analyst, discuss the ceasefire between the US and Iran, the positive impact on equity markets and the receding expectations of interest rate hikes in the bond market.

Paul Durrans, Investment Director, discusses the cautious optimism in markets, as shipping traffic through the Strait of Hormuz shows signs of improvement. As President Trump issues further ultimatums to Iran, it’s unclear whether sentiment will remain positive, but global equities and bond markets posted positive over last week.

Kevin Kidney, Head of Investments, and George Bell, Investment Director, discuss the economic disruption from the US-Iran conflict, President Trump’s announcement, which may signal an end in the near future, and the political will from US leaders to cap the inflationary push.

Matt Henderson, Portfolio Manager, discusses the policy response to rising oil prices as the conflict between the US and Iran continues, as well as the affects on inflation and the path of interest rates.

Kevin Kidney, Head of Investments, and Sebastian Mackay, Investment Director, discuss the ongoing global economic consequences of the middle-east conflict that continues to to create uncertainty in markets.

Paul Durrans, Investment Director, covers the ongoing conflict between the US and Iran and how mixed messages from President Trump is creating political uncertainty and a challenge for markets and central banks.

Kevin Kidney, Head of Investments, and Lexi Herriott, Investment Analyst, discuss the asset class moves, inflationary consequences of the ongoing conflict between the US and Iran, and how US and UK Central Banks are reacting to it.

Kevin Kidney, Head of Investments, discusses the path of inflation, the upcoming major central bank meetings, and if the events unfolding in the middle-east could affect interest rate trajectories for the US, UK, and Europe.

Paul Durrans, Investment Director, and Joe Forward, Investment Analyst, discuss the economic consequences of higher oil prices, highlighting the sharp contrast for the UK and US, should the ongoing conflict in the Middle-East persist. They also look at impact of this week's UK and US economic data on financial markets.

Oil prices have surged this morning due to the events occurring in the US' war in Iran. Our Head of Investments, Kevin Kidney takes a look at the impact of those events on the asset markets, and analyses wat that means for your money.

Kevin Kidney, Head of Investments, and Paul Durrans, Investment Director, discuss the spike in oil prices following the escalating conflict between the US and Iran, as well as the impact on equity markets. They also explore the broad strength of corporate profitability and how this is translating into portfolio performance.

Paul Durrans, Investment Director, discusses the escalating conflict in the middle-east and how it is affecting equities, energy prices, and safe haven assets.

Paul Durrans, Investment Director, and Faye Graham, Investment Analyst, discuss Nvidia’s Q4 results which exceeded both the markets and the company’s own expectations. There is also earnings results from Salesforce, Rolls Royce as well as US Labour market data. #investing #nvidia #salesforce #useconomy #rollsroyce

Kevin Kidney, Head of Investments, discusses the US Supreme Court's decision to rule against Trump’s ‘Liberation Day’ tariffs, which saw a positive response from equity markets. However, with escalating tensions between the US and Iran, market volatility is expected to persist, with oil prices up 6% in the last week.

This week saw UK unemployment data come in higher than expected, yet UK equities have remained steadfast. What will this mean for the Bank of England’s interest rate decision next month? Our Investment Director, Kevin Kidney and Trainee Investment Analyst, Lexi Herriot discuss.

George Bell, Investment Director, recaps on markets so far this year and points to the key data prints to look out for in the week ahead. This includes UK labour data, German Inflation Data, Corporate earnings and the Minutes from the latest meeting of the Federal Reserve. 

Paul Durrans, Investment Director, and Sam Elliot, Portfolio Manager, discuss the strong month for US jobs, the UK’s GDP which came in lower than expected, and strength of returns from Emerging Markets and Japanese equities.

Kevin Kidney, Head of Investments, discusses Japan, and the new all-time highs in Japanese equities after the landslide victory for Prime Minister Takaichi in parliament. This allows the party to move ahead with there growth positive fiscal plans which has seen an uplift in wider global stock markets.

Kevin Kidney, Head of Investments, is joined by Investment Analyst, Harry Southren, to discuss the recent economic data, that points to stronger growth for the US and UK ahead, as well as the Bank of England’s decision to hold interest rates. The team also cover the recent volatility in precious metals which has seen Silver down 12% this week.

Kevin Kidney, Head of Investments, discusses the recent volatility in commodities, the upcoming US jobs data, which is expected to confirm the trend of weak growth we have seen over the last six months, and the trajectory of interest rate policy in the US and UK.

Paul Durrans and George Bell, Investment Directors, discuss the ongoing US earnings season with a particular focus on the Tech heavyweights. In addition, they discuss the global equity performance as well as the Federal Reserve’s decision to leave interest rates unchanged.

Matt Henderson, Portfolio Manager, discusses the rise in gold prices in light of geopolitical uncertainty, Trump’s effect on global equity markets following his proposed acquisition of Greenland, as well as the upcoming earnings announcement from major US tech companies.

Paul Durrans, Investment Director, is joined by Investment Analyst, Lexi Herriott, to discuss the recent volatility in global equities after President Trump’s announcement that the US plans to acquire Greenland. They also shed some light on the volatility within the Japanese bond market as well as discuss the latest UK inflation and labour market data.

Sebastian Mackay, Investment Director, discusses the impressive performance of precious metals in the market and the driving factors behind it, as well as the positive surprise for UK growth data, and the ongoing earnings season results.

Joe Forward and Anna Sewell, Investment Analysts, discuss the Federal Reserve’s road to further interest rate cuts in the US, the UK’s recent GDP print, and the first reports from earnings season.

Kevin Kidney, Head of Investments, discusses what is driving stock markets, the complexity US jobs market data presents, as well as a look ahead to US inflation data and the UK’s GDP print for November.

Paul Durrans and George Bell, Investment Directors, discuss the strong start to global equities in the first week of the year, the surge in US productivity and why US interest rate cuts near-term are unlikely.

Kevin Kidney, Head of Investments, discusses disinflation trends across major markets, US jobs growth figures and interest rate trajectories, as well as the return to normality for US data after the disruption of the government shutdown.

Kevin Kidney, Head of Investments, is joined by Investment Directors, Paul Durrans and George Bell to reflect on on the True Potential Portfolios, markets and the UK economy in 2025.

Matt Henderson, Portfolio Manager, discusses upcoming Central Bank meetings, the market expectations for the direction of their policy heading into 2026, and the backdrops each bank operates against.

Matt Henderson, Portfolio Manager, and Joe Forward, Investment Analyst, discuss the Federal Reserve's decision to cut interest rates by 0.25% and the market reaction to the decision. We also get context comments from Fed Chairman Powell for the trajectory of the US economy.

Paul Durrans, Investment Director, discusses the market expectations of a -0.25% cut to interest rates from the Federal Reserve on Wednesday. In the UK, the focus will be October’s GDP data, and after September’s contraction we may see a slight improvement. Elsewhere, Oracle's earnings results will give further insights into how they are delivering on data centre buildouts and what this means for returns on invested capital.

Portfolio Managers, George Bell and Matt Henderson, discuss the key Central bank meetings in the lead up to Christmas and the pathway expected for interest rates, drawing out key areas of divergence.

As the UK budget ripples remain minor, we turn our attention to the US. With late inflation data thanks to the government shutdown and political pressure ahead of midterms, what does this mean for markets? Our Head of Investments, Kevin Kidney, breaks down the key data and what to watch out for this week.

Kevin Kidney, Head of Investments, and Sebastian Mackay, Investment Director, discuss recovering equity markets and returning economic certainty with the UK budget published and US government re-opened. Expectations are for inflation to be a major focus for the UK and US moving in to 2026 as it’s election year in both countries.

Paul Durrans, Investment Director, explores the how AI-related technology stocks are influencing equity market volatility. In the US, a softening jobs market is increasing the likelihood of a Federal Reserve interest rate cut in December or January, while economic growth remains solid at an estimated 4%. The spotlight turns to the UK on Wednesday as Chancellor Reeves delivers the Autumn Budget, outlining plans to tackle the gap in fiscal headroom.

Matt Henderson, Portfolio Manager, and Sam Elliot, Investment Analyst, discuss the recent fall in global equity markets and the contributing factors, providing context on longer term performance . They also cover the US jobs data which saw 120,000 jobs added, doubling market expectations, and presenting a potential challenge to interest rate cut expectations in December.

Paul Durrans, Investment Director, discusses the UK governments decision to make a U-turn on income tax increases. UK markets took the news negatively and with the Autumn budget less than two weeks away, the pressure is on Prime Minister Kier Starmer.

Kevin Kidney, Head of Investments, and Paul Durrans, Investment Director, discuss the direction of the UK economy ahead of the UK budget at the end of November. Elsewhere, the US government shutdown has ended and the cost will begin to become apparent next month as US statistics agencies resume publishing data.

Paul Durrans, Investment Director, discusses the new developments in the ongoing US government shutdown and how that has affected markets, as well as the remaining challenges ahead before it can end. There will also be updates from the Federal Reserve later this week which is facing difficulties on it’s interest rate trajectory due to the lack of tier one US data.

Paul Durrans, Investment Director, and Lexi Herriott, Investment Analyst, discuss the motivations behind the Bank of England's decision to hold interest rates at 4%. The team also cover the strong US corporate profits as well as the health of the jobs market.

Paul Durrans, Investment Director, discusses US equities, which have reached another all-time high last week following the trade agreement between the US & China and Q3 earnings reports that have exceeded expectations. This week the focus will shift to the UK and the latest interest rate decision from the Bank of England, with the market consensus for it to remain unchanged at 4%.

Kevin Kidney, Head of Investments, and Sam Elliot, Investment Analyst, focus back on the US and the Federal Reserve’s decision to cut interest rates by 0.25%, taking it below 4% for the first time since late 2022.