Global markets are mixed as US yields rise and oil prices soften. Key developments include UK leadership changes and progress in US-Iran talks.
Key Takeaways
- 1.UK Prime Minister Starmer will step down, with Andy Burnham favored as the next leader.
- 2.Iran and the US have reported major progress in talks, including authorization for limited Iranian oil sales.
- 3.US 10-year Treasury yields rose by 5.4bp to 4.51%, contributing to mixed global equity performance.
Table of Contents
- Highlights
- Data and events today
- Financial markets
- Global markets overview
- Key data and events
- Key themes and views
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Authors
Miles WorkmanBrian Martin
Securities
S&P 500WTI Oil
Themes
Political TransitionGeopolitical De-escalationFiscal Sustainability
Regions
GlobalMiddle EastAsia PacificUnited StatesUnited KingdomIran