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Markets in uneasy calm as inflation fears take root

Markets uneasy calm inflation fears: oil high, bond yields at decade highs, equities mixed.

Sophia Anderson
BySophia Anderson- Senior Editor
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Market sentiment remained fragile on Tuesday. US President Trump said he paused an attack on Iran and sees a 'very good chance' of a nuclear deal.

Oil prices fell but remain above $110 a barrel, 50% higher than pre-war levels.

Asian shares slid, US futures gave up gains, European futures edged slightly higher.

South Korea's Kospi index fell over 4% on profit-taking.

Nvidia's results are due Wednesday with sky-high expectations.

UK jobs data is due later Tuesday.

The Iran war nears its third month. Investors worry about a lasting inflationary shock. Bond yields hit decade highs.

G7 finance ministers met in Paris, discussing public debt and bond market volatility.

Bond selloff eased in Asia, but yields remain near highs.

Japan's economy grew faster than expected in Q1, but energy shock looms.

The yen languishes around 159 per dollar, keeping intervention risks alive.

Australia's central bank minutes showed rates are restrictive.

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