Weekly Market Wrap 25 Oct 2025 - Markets Edge Higher as US Strength Leads
United States
US markets pushed a bit higher this week with solid economic numbers still coming through. Investors remain hopeful the Federal Reserve will ease interest rates in the near future, although there is still plenty of nervousness around things like bank stability and global uncertainty.
KiwiSaver angle:
Most KiwiSaver growth funds have a big chunk in US shares, so any lift there generally means a positive week for balances. No big action needed. Staying the course continues to make sense for long-term investors.
New Zealand
The NZ market was pretty flat overall with a slight positive tilt. Our exchange is smaller and still showing slower momentum than the big global markets.
KiwiSaver angle:
NZ shares are still great for home market exposure, but they usually play a supporting role. It reinforces why many KiwiSaver funds lean toward offshore investments for higher growth potential.
Australia
Across the Tasman, the Australian market dipped a touch. Commodity prices and inflation remain key drivers over there and can cause a bit more week-to-week noise.
KiwiSaver angle:
Australian shares often sit in the mix for diversification. Short-term ups and downs are normal, so most KiwiSaver members with long timeframes do not need to worry about small weekly movements.
📊 KiwiSaver Takeaways This Week
US strength has helped keep portfolios moving in the right direction.
NZ and Australia were quieter, which is pretty much expected right now.
Long-term KiwiSaver members should focus on staying invested rather than reacting to weekly changes.
Fees and smart fund selection always matter, especially when some markets move slower.
Currency swings can impact returns, so do not stress if balances move around a little.
What I’m Keeping an Eye On
Inflation numbers in the US that could influence future rate changes.
NZ and Australian economic updates to see if local markets can build stronger momentum.
Global growth signals that might shift investor confidence either way.
Disclaimer: No part of this article is intended as financial advice; it is intended as general information only. To see our Financial Advice Provider Disclosure Statement, please see our “Disclosure Statement” below. Past performance is not indicative of future performance.