Current market condition

What is the current market condition? Learn more about market outlooks by experts. This will help you remain up to date about the market conditions, stock exchange and views on how to diversify investments. You will also find the latest capital market reports.

A huge amount of information on the markets is available for investors. We have gathered everything important together, so you can remain up to date about the market conditions and get support for making investment decisions.  

What is happening on the markets and stock exchange right now?  

OP Asset Management’s weekly report 11.3.2025.

  1. Last week saw big movements in both the equity and fixed income markets. In the USA, the S&P 500 index saw its biggest weekly drop in half a year as Donald Trump's tariff negotiations escalated and caused concerns about the country’s economic growth. In Europe, the 10-year interest rate of Germany in turn increased considerably, as Germany announced its new intentions to invest in infrastructure and defence.
  2. Germany announces significant economic reforms
    German CDU party leader Friedrich Merz announced a plan to get the outgoing parliament to approve a significant debt brake change, with centre parties still having a constitutional majority. This includes a EUR 500 billion special fund for infrastructure investments and the removal of the debt brake regarding defence expenses, which amount to over one per cent of the GDP. According to estimates, defence expenditure may already increase significantly next year if the plan is carried out successfully.Another important event in Europe was the EU summit, where defence expenditure was discussed. The EU leaders approved the Commission's proposals on the temporary exemption of defence expenditure from financial rules, and a suggested EUR 150 billion fund for Member States' defence loans.
  3. ECB cuts benchmark interest rate
    As expected, the ECB held an interest rate meeting and cut interest rates by 0.25 percentage points. At the press conference, ECB chair Christine Lagarde stressed the uncertainty of the economy. At the April meeting, the interest rate cuts may be put on hold or continued, depending on economic data trends. The message was slightly more hawkish than before.
  4. Finland stocks raised to neutral
    The improved German economic prospects are also reflected in the Finnish market, which is recovering from a longer-term negative development this year. The interest rate drops in the euro area also benefit Finland with a delay, and if peace can be attained in Ukraine, foreign investment flows in Finland may increase.

Views on the diversification of investments

Read more about our views on diversification between various asset classes and within them. Are your investments diversified according to market conditions? Compare our views on the diversification of your investment portfolio.

kuvassa eri omaisuusluokkien painotukset sijoitussalkussa kuvattuna eri värisillä palloilla kuvassa eri omaisuusluokkien painotukset sijoitussalkussa kuvattuna eri värisillä palloilla

Overweight on equities 

While President Trump’s comments create confusion, stock prices are driven by growth that continues to be strong. 

More Europe and Finland in equities

On the old continent, the outlook for stocks has improved, so we increased the share of Finnish and European stocks in the portfolio. The USA continues to be overweight, but to a lesser extent than before.

In fixed income investments, we prefer credit risk markets​
Within fixed income investments, we emphasise corporate bonds with an attractive yield potential and further increased their weight in February.

Investment insight – March 2025

Learn more about OP Asset Management’s newest investment views.

A constant news flow about US politics keeps markets in its grip. On one hand, there are fears about President Trump's actions, but on the other, there is confidence that he will not compromise economic growth.

A booming stock market has spread from the US to other markets. We drove the European stock markets to overweight as signs of recovery have increased.

Shares and corporate loans are overweight in our portfolios. Brisk economic and revenue growth back risky investments despite political clamour shaking markets occasionally.

Morning reports and equity analyses

Order the morning report through OP-mobile and be among the first to hear the hottest stock exchange news. The morning report includes the latest economic observations and company-specific reports. 

You will get more detailed analyses on Finnish and international listed companies in the equity analyses. Analyses are available via OP-mobile and the op.fi service for free.

Equity prices now – what is happening in the stock exchange today? 

Log in and follow stock prices in the Nordic countries, United States and elsewhere in Europe. You will also see the most exchanged equities in the exchange as well as the top rising and falling equities.

Where to invest right now?

See all of this week’s investment ideas regarding funds, equities, structured investments and ETFs.

Pörssipuhetta podcast (in Finnish)

Our Chief Investment Strategist Lippo Suominen and Head of Research Antti Saari will explain events concerning the stock exchange and economy, while offering concrete advise for better investment decisions.

What's new

This presentation is marketing material. OP Asset Management Ltd (later “OP Asset Management”) is an investment management firm under OP Financial Group, the operations of which are supervised by the Finnish Financial Supervisory Authority. OP Asset Management provides institutional clients, other entities and wealthy individuals with asset and wealth management services. OP Fund Management Company Ltd also acts as the portfolio manager for OP funds and as the insurance agent for OP Life Assurance Company Ltd. OP’s mutual funds are managed by OP Fund Management Company Ltd. Unit-linked insurance policies are granted by OP Life Assurance Company Ltd, which also owns the investment baskets.

This content, produced by OP Asset Management, is considered general market information and marketing material that does not fulfil the conditions of independent investment research, nor is it subject to the restrictions concerning trading before the publication of investment research. OP Corporate Bank plc produces independent investment research at OP Financial Group.  The content is intended solely for private use by OP Asset Management customers. Making copies and further publication or distribution without the written permission of OP Asset Management is forbidden. 

The presentation is based on public sources and on information which OP Asset Management deems reliable. However, this does not exclude the possibility that the information may be incomplete or contain errors. Neither OP Asset Management nor its employees are responsible for the financial result of investment decisions based on information obtained from this presentation or website, or for any other loss that may arise from using information contained in this presentation.

This presentation does not constitute investment advice and is not intended as an offer to buy or trade any securities or as encouragement to buy or sell financial instruments of any kind. Investment decisions should not be based solely on the information in this presentation. The value of an individual financial instrument increases and decreases in accordance with developments in markets, and past performance should not be seen as an indication of future performance.