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.

The current market review will be updated only in Finnish from 7th July to 10th August.

OP Asset Management’s weekly report 3.7.2025.

  1. Equities up, dollar reaps returns
    The first half of the year offered great variety in terms of news flow and market return. Shares were generally up, but the strengthening euro weakened euro-denominated returns on other continents. During the first six months of the year, euro-denominated shares were globally around three per cent in the red, although some positive figures were reached in June. Finnish shares performed really well in the first half. Investors in the fixed income market got what could be expected, that is, moderate returns. The best returns were obtained from high-risk fixed income markets.
  2. Minor impact by strikes in Iran
    Geopolitics has been in the headlines in the first half of 2025. Most recently, there were concerns about the US bomb strike in Iran, targeting production plants capable of developing nuclear weapons. Iran's retaliatory strikes were minor and the US does not seem inclined to carry out any more strikes, so the situation cooled off quickly. The price of oil also came back down soon, so the market only suffered a brief scare. On the whole, geopolitics has eventually had only a small effect on markets in the first half of the year.
  3. Overweight on stocks ahead of the summer
    Shares in OP Asset Management portfolios and funds remain overweight. Economic risks have eased off as it has been seen that Trump's decisions ultimately place a lot of weight on the economy and the equity market. Decisions threatening economic growth have been taken back. It would seem that both the economy and corporate performance have managed to steer clear of any major tariff obstacles. The emerging equity markets and Europe continue to be the best performers. Both benefit from lower tariff trouble, an upswing in the economy and valuation that is clearly higher than in the US. In terms of fixed income investment, solvent IG and riskier HY corporate bonds are overweight.

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.

Slightly overweight on equities

Despite the political uncertainty overshadowing the markets, the economy and earnings are growing, making shares attractive.

Overweight on European and EM stocks

As the worst tariff fears have faded, our portfolios have gone overweight on European and emerging market stocks. Stimulus measures and undervaluation favour equities.

Corporate bonds look best among fixed income investments

​​​​​​​
Continuing growth also favours corporate bonds. We've gone overweight on both relatively safe investment grade and riskier high-yield bonds in our portfolios.

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.