Welcome to this week’s Titan International market review for the week ending 2nd November 2025. 

Global equity markets finished the week on a mixed note as investors weighed a flurry of central bank decisions and a busy corporate earnings calendar. 

As expected, the Federal Reserve cut interest rates for a second consecutive meeting, lowering the fed funds target range to 3.75%–4%, bringing cumulative easing this cycle to 150 basis points. 

However, the path ahead remains uncertain. 

Across the Atlantic, the European Central Bank kept rates unchanged for a third straight meeting, reaffirming that decisions would remain data dependent and taken “meeting by meeting.” 

Corporate earnings dominated market attention, with third-quarter results from several of the so-called “Magnificent Seven” technology giants driving volatility. 

Elsewhere, the US and China announced a limited trade agreement, with President Trump confirming a reduction in combined tariff rates on Chinese imports from 57% to 47%, alongside concessions on rare earth exports and agricultural trade.

Equity market performance reflected these crosscurrents. 

That’s all for this week’s Titan International Weekly Podcast. Thank you for listening and for further investment insights head over to titanwealthinternational.com.