Author: The Investor

A busy week on the data front, with Services, Employment and Inflation data from around the world.

Investors were pulled in two directions: inflation is still uncomfortable, but hopes of progress on the US-Iran conflict helped oil prices fall and lifted confidence.

A four-day post-holiday week puts Thursday’s US PCE deflator front and centre, the single print most likely to move yields, equities, and sterling.

Shares rose as investors took comfort from signs of progress in US-Iran talks, while strong AI-related earnings kept the technology story alive.