This Week’s Market Outlook – June 30, 2025: Bullish Trends

June 30, 2025

Market Recap and Outlook for the Week of June 30, 2025

Taking a glance back at the past week, the ASX 200 index seemed uncertain of its direction amid external turbulence. While US stocks appeared resilient, the ASX 200 saw minimal growth of just 0.1% with fluctuations throughout the week. Market analysts initially speculated record market levels but failed to materialize, closing the week down by 0.43%.

Contrastingly, the S&P 500 and NASDAQ in the US reached record highs following a weak Iranian response to nuclear site bombings and positive signs for a trade deal with China. Despite temporary disruptions from tariff negotiations with Canada, markets rallied on optimistic sentiments.

Looking ahead to this week, Australian market sentiment may shift cautiously towards optimism following better than expected inflation data prompting speculations of an RBA rate cut in July. Residual concerns remain, primarily centered on China’s economic slowdown and pending US tariff deadline on July 2nd. Additionally, recent US economic indicators such as GDP decline, rising unemployment claims, and weakened consumer spending paint a nuanced picture of the economy.

Economic data releases this week in Australia are likely to focus on rate cut probabilities, PMI readings, inflation gauges, and retail sales. In the US, data releases are anticipated to revolve around jobless claims, unemployment rates, PMI figures, and factory orders, albeit with a subdued schedule due to the Independence Day holiday.

Key economic events scheduled for this week include S&P Global PMI readings in Australia, US National Association of Realtors Existing Home Sales, RBA Commodity Index, and US ISM Manufacturing data, among others. The impact of these releases is expected to influence market sentiment and trading decisions in both countries.

In terms of new listings and IPOs, the previous week saw the introduction of Virgin Australia Holdings Limited and bauxite miner VBX Limited with positive initial trading performances. This week, companies such as Infragreen Group, La Trobe Private Credit Fund, and Tetratherix Limited are set to debut, adding new opportunities for investment and market activity.

As the global economic landscape continues to evolve, investors are advised to stay attuned to market developments, economic indicators, and geopolitical events to make informed decisions amidst ongoing uncertainties and opportunities in the financial markets.