Oil prices rise on escalating geopolitical tensions

Oil prices continue to surge as tensions between the US and Iran raise concerns about global energy supplies and economic growth. There were knock-on effects in bond markets with the 10-year US Treasury yield rising to a two-month high. Alphabet and Tesla were the first of the Magnificent 7 stocks to report earnings after the bell yesterday – both stocks fell in extended trading. At the European Central Bank meeting later today interest rates are expected to be held steady. Mathieu Racheter, Head of Equity Strategy Research, joins the show to provide an update on the Q2 earnings season so far and explains why the investment case for US banks remains.(00:00) - Introduction: Jan Bopp, Product & Investment Content (00:41) - Markets wrap-up: Helen Freer, Product & Investment Content (07:26) - Earnings season update: Mathieu Racheter, Head of Equity Strategy Research (10:53) - Closing remarks: Jan Bopp, Product & Investment Content Would you like to support this show? Please leave us a review and star rating on Apple Podcasts, Spotify or wherever you get your podcasts.