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Tuesday 28th April 2026
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Its another session where equities are rising – albeit only slightly – whilst oil pushes higher. Talks between the US and Iran are not progressing, with the US President suggesting Tehran calls him when they have something to discuss. Meanwhile the Straits of Hormuz remains effectively closed to shipping. It’s in this environment that all central banks this week – the Bank of Japan, Bank of England, the Fed and the ECB, are expected to keep rates on hold. Yet UK bond yields have risen more than most overnight, NAB’s Ray Attrill explains why. Plus, a busy week for earnings, with most of the major tech players reporting.
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