Weekly Market Summary

Edition
22 December 2025
Closing of
Fri 19 December

Major Indexes Performance

IndexClosing PriceWeekly ChangeChange as a bar2025 editions
S&P 5006,834.500.88%closing of Fri 28 Feb: 5,954.50closing of Fri 14 Mar: 5,638.94closing of Fri 16 May: 5,958.38closing of Fri 06 June: 6,000.36closing of Fri 19 September: 6,664.36closing of Fri 26 September: 6,643.70closing of Fri 03 October: 6,715.79closing of Fri 10 October: 6,552.51closing of Fri 17 October: 6,664.01closing of Mon 03 November: 6,851.97closing of Fri 14 November: 6,734.11closing of Fri 21 November: 6,602.99closing of Fri 28 November: 6,849.09closing of Fri 05 December: 6,870.40closing of Fri 12 December: 6,827.41closing of Fri 19 December: 6,834.50
Dow Jones48,134.890.38%closing of Fri 28 Feb: 43,840.91closing of Fri 14 Mar: 41,488.19closing of Fri 16 May: 42,654.74closing of Fri 06 June: 42,762.87closing of Fri 19 September: 46,315.27closing of Fri 26 September: 46,247.29closing of Fri 03 October: 46,758.28closing of Fri 10 October: 45,479.60closing of Fri 17 October: 46,190.61closing of Mon 03 November: 47,336.68closing of Fri 14 November: 47,147.48closing of Fri 21 November: 46,245.41closing of Fri 28 November: 47,716.42closing of Fri 05 December: 47,954.99closing of Fri 12 December: 48,458.05closing of Fri 19 December: 48,134.89
Nasdaq23,307.621.31%closing of Fri 28 Feb: 18,847.28closing of Fri 14 Mar: 17,754.09closing of Fri 16 May: 19,211.10closing of Fri 06 June: 19,529.95closing of Fri 19 September: 22,631.48closing of Fri 26 September: 22,484.07closing of Fri 03 October: 22,780.51closing of Fri 10 October: 22,204.43closing of Fri 17 October: 22,679.97closing of Mon 03 November: 23,834.72closing of Fri 14 November: 22,900.59closing of Fri 21 November: 22,273.08closing of Fri 28 November: 23,365.69closing of Fri 05 December: 23,578.13closing of Fri 12 December: 23,195.17closing of Fri 19 December: 23,307.62
Euro Stoxx 505,760.350.32%closing of Fri 28 Feb: 5,463.54closing of Fri 14 Mar: 5,401.65closing of Fri 16 May: 5,427.53closing of Fri 06 June: 5,430.17closing of Fri 19 September: 5,458.42closing of Fri 26 September: 5,499.70closing of Fri 03 October: 5,651.71closing of Fri 10 October: 5,531.32closing of Fri 17 October: 5,607.39closing of Mon 03 November: 5,679.25closing of Fri 14 November: 5,693.77closing of Fri 21 November: 5,515.09closing of Fri 28 November: 5,668.17closing of Fri 05 December: 5,723.93closing of Fri 12 December: 5,720.71closing of Fri 19 December: 5,760.35
FTSE 1009,897.420.61%closing of Fri 28 Feb: 8,809.74closing of Fri 14 Mar: 8,635.12closing of Fri 16 May: 8,684.56closing of Fri 06 June: 8,837.91closing of Fri 19 September: 9,216.67closing of Fri 26 September: 9,284.83closing of Fri 03 October: 9,491.25closing of Fri 10 October: 9,427.47closing of Fri 17 October: 9,354.57closing of Mon 03 November: 9,701.37closing of Fri 14 November: 9,698.37closing of Fri 21 November: 9,539.71closing of Fri 28 November: 9,720.51closing of Fri 05 December: 9,667.01closing of Fri 12 December: 9,649.03closing of Fri 19 December: 9,897.42
Shanghai3,890.450.36%closing of Fri 28 Feb: 3,320.90closing of Fri 14 Mar: 3,426.13closing of Fri 16 May: 3,367.46closing of Fri 06 June: 3,385.36closing of Fri 19 September: 3,820.09closing of Fri 26 September: 3,828.11closing of Fri 03 October: 3,933.97closing of Fri 10 October: 3,897.03closing of Fri 17 October: 3,839.76closing of Mon 03 November: 3,976.52closing of Fri 14 November: 3,990.49closing of Fri 21 November: 3,834.89closing of Fri 28 November: 3,888.60closing of Fri 05 December: 3,902.81closing of Fri 12 December: 3,889.35closing of Fri 19 December: 3,890.45
MOEX Russia2,743.09-0.36%closing of Fri 28 Feb: 3,200.48closing of Fri 14 Mar: 3,249.19closing of Fri 16 May: 2,840.34closing of Fri 06 June: 2,786.16closing of Fri 19 September: 2,748.06closing of Fri 26 September: 2,725.97closing of Fri 03 October: 2,604.55closing of Fri 10 October: 2,588.56closing of Fri 17 October: 2,721.14closing of Mon 03 November: 2,570.96closing of Fri 14 November: 2,525.68closing of Fri 21 November: 2,685.03closing of Fri 28 November: 2,676.42closing of Fri 05 December: 2,711.30closing of Fri 12 December: 2,739.49closing of Fri 19 December: 2,743.09

Major Commodities Performance

CommodityClosing PriceWeekly ChangeChange as a bar2025 editions
Gold4,387.300.52%closing of Fri 28 Feb: 2,848.50opening of Mon 17 Mar: 3,002.69closing of Fri 16 May: 3,187.20closing of Fri 06 June: 3,346.60closing of Fri 19 September: 3,775.10closing of Fri 26 September: 3,793.90closing of Fri 03 October: 3,908.90closing of Fri 10 October: 4,000.40closing of Fri 17 October: 4,213.30closing of Mon 03 November: 4,014.00closing of Fri 14 November: 4,094.20closing of Fri 21 November: 4,116.00closing of Fri 28 November: 4,254.90closing of Fri 05 December: 4,243.00closing of Fri 12 December: 4,328.30closing of Fri 19 December: 4,387.30
Silver67.493.48%closing of Fri 28 Feb: 31.496opening of Mon 17 Mar: 34.433closing of Fri 16 May: 32.354closing of Fri 06 June: 36.139closing of Fri 19 September: 44.214closing of Fri 26 September: 46.466closing of Fri 03 October: 47.965closing of Fri 10 October: 47.247closing of Fri 17 October: 50.104closing of Mon 03 November: 48.05closing of Fri 14 November: 50.69closing of Fri 21 November: 49.91closing of Fri 28 November: 57.16closing of Fri 05 December: 59.05closing of Fri 12 December: 62.01closing of Fri 19 December: 67.49
Brent Oil60.471.09%closing of Fri 28 Feb: 73.18opening of Mon 17 Mar: 71.21closing of Fri 16 May: 65.41closing of Fri 06 June: 66.47closing of Fri 19 September: 66.57closing of Fri 26 September: 69.22closing of Fri 03 October: 64.53closing of Fri 10 October: 62.73closing of Fri 17 October: 61.29closing of Mon 03 November: 64.89closing of Fri 14 November: 64.39closing of Fri 21 November: 61.94closing of Fri 28 November: 63.20closing of Fri 05 December: 63.75closing of Fri 12 December: 61.12closing of Fri 19 December: 60.47

Economic indicators

Unemployment rate U.S
4.3%
Core CPI U.S
325.01 - YoY
PPI U.S
149.16 - YoY
Eurozone CPI Data (Consumer Inflation)
129.43
UK CPI Data (Consumer Inflation)
139.3
European Central Bank / Interest rates
2.15%

Article summaries

  1. Global financial system must adapt to better serve economy

    A recent United Nations Trade and Development Agency (UNCTAD) report warns that the global financial architecture risks undermining international trade if it doesn’t evolve to match real economic needs. According to the analysis, financial conditions are now almost as influential on trade flows as underlying economic activity, and rigidities in credit provision and market access could disproportionately impact developing countries. The article highlights the need for reforms that improve access to finance, reduce volatility, and strengthen institutions to sustain growth and trade resilience amid heightened geopolitical and economic uncertainties.

  2. How rising geopolitical risks weigh on asset prices

    This International Monetary Fund (IMF) piece examines how elevated geopolitical tension — from conflicts to diplomatic stand-offs — can materially influence global financial markets. It argues that such risks often lead to sharp market re-pricing owing to heightened uncertainty, with stock indices and sovereign yields tending to fall during major geopolitical risk events. Emerging markets are especially sensitive, suffering larger price swings and credit risks. The analysis also highlights how disruptions to trade and capital flows can have knock-on effects on investment and economic activity, emphasizing the interplay between geopolitical shocks and financial stability.

  3. Rapidly shifting geopolitical environment could test euro area financial stability

    In this European Central Bank (ECB) press release, officials highlight how changing global geopolitical dynamics could stress the financial stability of the euro area. The ECB points to increasing uncertainty from trade policy twists, defense spending pressures, and regulatory shifts as factors that may raise market volatility and credit risk. The commentary stresses the importance of robust liquidity buffers and flexible risk-management frameworks to absorb potential shocks, while emphasizing that sustained cooperation among European financial authorities will be key to navigating rising external pressures.

Data sources

Risk Warning

Luna Wealth Asset Management Ltd is a Cyprus Investment Firm authorised and regulated by the Cyprus Securities and Exchange Commission (CySEC).

Investing in financial instruments involves risks, including the potential loss of some or all of the capital invested. The value of investments and any income derived from them may fluctuate, and investors may receive less than their original investment.

Past performance is not a reliable indicator of future results. Any forecasts, projections or estimates are illustrative and do not constitute a guarantee of future performance.

Investments may be exposed to market risk, credit risk, liquidity risk, currency risk, interest rate risk, counterparty risk and operational risk. Certain financial instruments, including derivatives, structured products, private equity investments and other complex or illiquid instruments, may involve additional risks and may not be suitable for all investors.

Where leverage is involved, losses may exceed the initial amount invested, depending on the nature and terms of the financial instrument.

The Company does not guarantee investment returns or the preservation of invested capital. Investment decisions should be made with due consideration of the investor’s financial circumstances, investment objectives, knowledge, experience and risk tolerance.

Before investing, clients should carefully review the relevant contractual documentation, financial instrument disclosures and applicable risk information.

Investors should not invest funds that they cannot afford to lose.