Ceasefire on Life Support

Global market sentiment is dampened by rising US-Iran tensions and concerns over upcoming US inflation data. Meanwhile, Nordic markets focus on Norway's revised budget and Swedish Riksbank minutes.

Key Takeaways

• 1.Tensions between the US and Iran have escalated, with President Trump describing the ceasefire as on 'massive life support' and considering military strikes.
• 2.US CPI data is in focus with expectations of upward pressure from gasoline prices, while the core inflation figure may be skewed by technical rent effects.
• 3.Political instability in the UK regarding Prime Minister Keir Starmer's leadership is driving up long-term interest rates.

Table of Contents

• Global key stories
• Nordic key stories
• Today's key events
• Market data

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