--- title: "Markets wrap: 16 - 22 December 2025" description: The week of December 02–08 saw financial markets navigating a complex landscape shaped by several significant factors. image: https://learn.atcbrokers.com/hubfs/16th%20%E2%80%93%2022th%20December%202025.jpg --- [![ATC Logo 1-3](https://learn.atcbrokers.com/hubfs/ATC%20Logo%201-3.png)](https://atcbrokers.com/) ![menu](https://f.hubspotusercontent40.net/hubfs/7479797/menu.png) ![close_24px](https://7479797.fs1.hubspotusercontent-na1.net/hubfs/7479797/close_24px.svg) [Market insights](https://learn.atcbrokers.com/weekly-market-wrap/tag/market-insights) # Markets wrap: 16 - 22 December 2025 [![ATC Brokers](https://learn.atcbrokers.com/hs-fs/hubfs/Asset%201@2x.png?width=50&height=50&name=Asset%201@2x.png)](https://learn.atcbrokers.com/weekly-market-wrap/author/atc-broker) [ATC Brokers](https://learn.atcbrokers.com/weekly-market-wrap/author/atc-broker) 23 December, 2025 ![](https://learn.atcbrokers.com/hubfs/16th%20%E2%80%93%2022th%20December%202025.jpg) Trading conditions thinned as year‑end and Christmas holidays approaching, with low liquidity and intraday moves slightly as a result. Macro catalysts were limited, so markets focused on residual Fed‑rate repricing, patchy global data, and geopolitical risk, while attention began to shift towards US, UK, and Canadian GDP releases and policy minutes due in the following week.     ## FX Market Major Changes  The US dollar traded in relatively narrow ranges, ending the week modestly firmer against a basket of majors as mixed US data and ongoing “cuts versus inflation” debate kept the policy path uncertain.   The euro was mixed, the pound briefly strengthened after UK labour data and a “hawkish cut” narrative around the Bank of England, and the Swiss franc quietly benefited from safe‑haven flows.   Commodity currencies such as CAD and AUD mostly ground sideways as weak Chinese data and choppy oil offset each other, while the yen underperformed despite the Bank of Japan finally delivering a historic hike.     ## Commodities Market Major Changes  The Bloomberg Commodity Total Return Index extended its positive 2025 performance, rising about 1.6% on the week and pushing to its highest level since mid‑2022, with metals doing most of the heavy lifting.   Precious metals stayed in demand: gold climbed roughly 2.6% and silver and platinum jumped more than 8%, helped by a softer dollar, lower yields, and continued allocation flows.   Agriculture gained around 1.2% as grains and softs (wheat, soybeans, sugar, cotton) firmed, while cocoa lagged as earlier extreme tightness continued to normalise; energy again underperformed on diesel and demand concerns.     ## Indices Market Major Changes  Global equity indices were largely muted in headline terms but showed selective strength beneath the surface, consistent with year‑end risk consolidation. US and European benchmarks rebounded from the prior week’s wobble, helped by lower near‑term volatility and improved sentiment, while Asia was mixed. Chinese and Hong Kong markets remained constrained by weak data and cautious policy, whereas Japanese and some ASEAN markets held firmer alongside resilient risk appetite.     ## **Get ready for the week ahead   **  Visit our market calendar to see all the key economic data, earnings, and events that could move the markets. Plan your trades before the action starts.        [Explore our market calendar](https://atcbrokers.com/en/learn/economic-calendar/)   Trading forex and futures is high-risk and may result in total loss. Use risk capital only and assess your experience before trading with ATC Brokers.            While ATC Brokers Limited takes reasonable care to ensure the information provided is reliable, no warranty is given as to its accuracy or completeness, and no liability is accepted for any errors or omissions.  Previous Post ###### [December 2025 holidays schedule](https://learn.atcbrokers.com/weekly-market-wrap/december-2025-holidays-schedule) Next Post ###### [Key Trading Events to Watch: December 29, 2025 to January 4, 2026](https://learn.atcbrokers.com/weekly-market-wrap/key-trading-events-to-watch-december-29-2025-to-january-4-2026) ### Similar Blog Posts [![](https://learn.atcbrokers.com/hs-fs/hubfs/06th%20to%2012th%20January%202026.png?width=352&name=06th%20to%2012th%20January%202026.png)](https://learn.atcbrokers.com/weekly-market-wrap/markets-wrap-6-12-january-2026) #### [Markets in Motion: 6–12 January 2026](https://learn.atcbrokers.com/weekly-market-wrap/markets-wrap-6-12-january-2026) [![](https://learn.atcbrokers.com/hs-fs/hubfs/13th%20to%2019th%20January%202026.jpg?width=352&name=13th%20to%2019th%20January%202026.jpg)](https://learn.atcbrokers.com/weekly-market-wrap/market-wrap-13th-to-19th-january-2026) #### [Market Wrap 13th to 19th January 2026](https://learn.atcbrokers.com/weekly-market-wrap/market-wrap-13th-to-19th-january-2026) [![](https://learn.atcbrokers.com/hs-fs/hubfs/27th%20January%20to%20%2002nd%20February%202026.jpg?width=352&name=27th%20January%20to%20%2002nd%20February%202026.jpg)](https://learn.atcbrokers.com/weekly-market-wrap/market-wrap-27th-january-to-02nd-february-2026) #### [Market Wrap 27th January to 02nd February 2026](https://learn.atcbrokers.com/weekly-market-wrap/market-wrap-27th-january-to-02nd-february-2026) [![Screenshot 2024-11-21 at 14.22.36](https://learn.atcbrokers.com/hubfs/Screenshot%202024-11-21%20at%2014.22.36.png)](https://www.hubspot.com/) At ATC Brokers, we believe that anyone can trade if they access the right education and support. Whether you're looking to start trading, enhance your existing skills, or create and apply new trading strategies, our comprehensive curriculum is designed to guide you every step of the way.  facebook icon instagram icon linkedin icon youtube icon twitter icon ###### Get In Touch ![contact](https://learn.atcbrokers.com/hubfs/raw_assets/public/@marketplace/MakeWebBetter/Academia/images/icons/phone-blue.svg) + 44 20 3318 1399 ![Envelope](https://learn.atcbrokers.com/hubfs/raw_assets/public/@marketplace/MakeWebBetter/Academia/images/icons/envelope-blue.svg) info@atcbrokers.com There is a high level of risk in Margined Transaction products, as Contract for Difference (CFDs) are complex instruments and come with a high risk of losing money rapidly due to the leverage. Trading CFDs may not be suitable for all traders as it could result in the loss of the total deposit or incur a negative balance; only use risk capital. ATC Brokers Limited (United Kingdom) is authorised and regulated by the Financial Conduct Authority (FRN 591361). ATC Brokers Limited (Cayman Islands) is authorised and regulated by the Cayman Islands Monetary Authority (FRN 1448274). Prior to trading any CFD products, review all the terms and conditions and you should seek advice from an independent and suitably licensed financial advisor and ensure that you have the risk appetite, relevant experience and knowledge before you decide to trade. Under no circumstances shall ATC Brokers Limited have any liability to any person or entity for any loss or damage in whole or part cause by, resulting from, or relating to any transactions related to CFDs. Information on this site is not directed at residents in any country or jurisdiction where such distribution or use would be contrary to local law or regulation. United States applicants will need to qualify as an Eligible Contract Participant as defined in the Commodity Exchange Act §1a(18), by the Commodity Futures Trading Commission for the application to be considered. © 2026 ATC Brokers. All rights reserved   [Privacy Policy |](https://atcbrokers.com/en/terms-conditions/) [Terms & Condition](https://atcbrokers.com/en/terms-conditions/) ```json { "@context" : "https://schema.org", "@type" : "BlogPosting", "author" : { "@type" : "Person", "name" : "ATC Brokers", "url" : "https://learn.atcbrokers.com/weekly-market-wrap/author/atc-broker" }, "dateModified" : "2025-12-23T13:57:17.667Z", "datePublished" : "2025-12-23T13:57:17.000Z", "headline" : "Markets wrap: 16 - 22 December 2025", "image" : [ "https://learn.atcbrokers.com/hubfs/16th%20%E2%80%93%2022th%20December%202025.jpg" ], "mainEntityOfPage" : { "@id" : "https://learn.atcbrokers.com/weekly-market-wrap/markets-wrap-16-22-december-2025", "@type" : "WebPage" }, "publisher" : { "@type" : "Organization", "logo" : { "@type" : "ImageObject", "url" : "https://learn.atcbrokers.com/hubfs/ATC%20Logo%201-2.png" } } } ```