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Rates Jolt Markets: UK 10-year gilt yields surged to a fresh crash-era high around 5.17% as political uncertainty flared, dragging European stocks lower and pushing bond yields up across major economies. US Tech Pullback: Wall Street’s rebound from Iran-war lows met profit-taking as bond yields rose, with semis and big tech sliding off record highs. Silver Whipsaws: Silver is seeing extreme swings in 2026—ripping from late-January highs near $121/oz to a sharp plunge, then partial recovery—fuelled by geopolitics, supply worries, and speculation. Trade & Security: BRICS foreign ministers condemned the Pahalgam attack and warned against tariff measures that distort trade, while China-U.S. summit messaging left grain traders wanting clearer commitments. Deal Watch: Hiscox shares jumped on takeover chatter involving Intact Financial. Emerging Markets Finance: Uganda pushed a €405m Sukuk roadshow to fund its SGR, while Nigeria rolled out a new FX manual to improve liquidity and transparency.

Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result.

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