Government bond yields have dropped back today after last week’s surge, as oil prices have retreated again amid signs of easing tension in the Middle East. Equities have welcomed the respite, too. Although financial markets will inevitably be buffeted this week by developments in the Iran war, the focus will also be on how the Fed, BoE, and BoJ respond to the inflationary threat posed by the conflict, as well as on a slew of results from companies at the forefront of the AI revolution.
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