Weekly Market Recap: September 9 – 15, 2025
US markets pushed higher last week, helped by stable inflation data and no surprises from central banks. Tech stocks and crypto led the gains, while global sentiment also improved after the ECB meeting. Oil prices recovered slightly, and bonds stayed steady as yields barely moved.
Equity Markets
- SPX500: rose 1.6% to 6,584, showing solid gains across sectors.
- NAS100: jumped 2.0% to 22,141, powered by strong tech momentum.
- US30: climbed 1.0% to 45,834, bouncing back from last week’s decline.
- Global Stocks (MSCI EAFE): added 1.1%, as Europe and Asia benefited from calmer sentiment.
- 10-Year US Treasury Yield: stayed flat at 4.06%, showing stability despite inflation numbers.
- Oil: edged up 1.2% to $62.60, recovering part of the prior week’s drop.
- Bonds: gained 0.4%, supported by steady yields.
Overall, it was a positive week for equities, with the US leading and global markets catching some relief after weeks of weakness.
Macroeconomics
The spotlight was on inflation.
- US CPI (August): Headline inflation rose 0.4% month-over-month, while Core stayed at 0.3%. Year-over-year, headline moved up to 2.9% and Core stayed at 3.1%. These numbers were not worse than expected, helping markets stay calm.
- US PPI (August): Producer prices fell –0.1% MoM, a soft read that suggests inflation pressures are easing.
- US Consumer Sentiment: slipped to 55.4, showing households are still cautious.
- China CPI (August): dropped –0.4% YoY, adding to deflation concerns in the world’s second-largest economy.
- Germany: trade surplus came in lower than forecast at €14.7B, pointing to weaker demand.
- UK GDP (July): flat at 0.0% MoM, keeping recession risks in focus.
The ECB kept interest rates steady at 2.15%, with Lagarde saying they will watch the data before making any changes. In the US, the Fed went quiet ahead of the September meeting. Meanwhile, China is still struggling with prices falling and exports slowing down.
Crypto Markets
Crypto had a strong week, outpacing equities.
- Bitcoin (BTCUSD): rose 3.8% to $115,300, extending its recent momentum.
- Ethereum (ETHUSD): surged 7.0% to $4,606, outperforming Bitcoin as sentiment improved.
Cooling inflation data and calmer markets supported risk appetite, giving crypto an extra boost.
Global Markets
Europe showed mixed signs, with weak trade in Germany, flat growth in the UK, and inflation staying a bit high. China’s falling prices raised concerns about demand, but markets stayed calm. The US helped steady things, with stable inflation supporting global confidence.
Conclusion
Last week gave traders a breather: inflation came in manageable, the ECB stayed steady, and crypto rose. Risk assets had a strong showing, with tech leading the way.
The market is still balanced, but prices are mostly rising. Traders will be watching closely as the Fed meets next week.
Disclaimer: This content is for informational purposes only and is not financial advice.
