Insights

Weekly Market Commentary – 27th June

30 June 2025

This week markets news has been all about the US. America dramatically intervened in the Israel-Iran war by bombing Iran’s nuclear infrastructure and then forced the two sides to agree a ceasefire. This calmed fears of disruption to the supply of crude oil and investors’ attention turned elsewhere. Donald Trump was also setting the tone of this week’s Nato leaders’ summit as efforts to pacify the US president saw an almost unanimous commitment by the 32 members to meet the 2% of GDP target for defence spending with many bumping it to the 5% demanded by Trump.