The latest halt in the global risk rally comes on the back of data pointing to lingering inflationary pressures across major economies

Stronger than expected consumer confidence data pushed US government bond yields to a near four-week peak, lifting their global counterparts

Central banks were the centre of attention on Tuesday with tightening and easing on the table ahead of key data releases

While until a few months ago incumbent PM Modi seemed sure to win a large majority, voter fatigue and a resurgent opposition may spring a surprise on investors

Investors began the week in positive mood, betting on imminent rate cuts in the US and in Europe ahead of the release of the latest inflation figures

Investors shunned equities as the odds on a turnaround in US interest rates lengthened after the release of more strong economic data

Tech stocks leapt after AI-leader Nvidia posted a stunning earnings report but fading hopes of a fall in interest rates had an impact too

Investors were on tenterhooks ahead of AI-star Nvidia’s latest earnings report, while eyes were also on the US Fed

Investors were keeping their powder dry ahead of the Fed’s latest meeting minutes release, waiting for signs on which way it will jump on interest rates

Beijing’s policy splurge to help its struggling property sector improved the mood on trading floors while cooling US inflation also encouraged risk-taking

Investor optimism over a U-turn on interest rates proved short-lived while more poor China data fuelled hopes of new stimulus from Beijing

The odds on rate cuts shortened after the US posted milder-than-feared inflation numbers with tech stocks leading the charge