Weekly Market Update 25/03/2026

In this Weekly Market Update, we break down the rapid pivot in the Middle East conflict and what it means for your portfolio. After a weekend of high-stakes ultimatums, a fragile ceasefire appears to be holding, sparking a turnaround in global equities. However, we look past the immediate "noise" to examine the lasting economic scars: constrained refining capacity, rising heating and electricity costs, and the potential impact on food prices via the fertilizer market. We also analyze the domestic political backdrop in the US as President Trump navigates lukewarm polling and tension with NATO allies leading into the 2026 mid-term elections.