Markets 'taken on a wild ride' as investor sentiment swings on US-Iran volatility

Global stocks tumbled yesterday morning following US and Iranian threats to carry out more strikes on energy infrastructure, with the FTSE 100 down 1.4%, France's CAC 40 dropping 1.7% and S&P 500 futures sinking 0.6%, according to data from MarketWatch. Yields on UK 10-Year and 30-Year gilts also soared to over 5% and 5.7%, respectively. However, after US President Donald Trump's announcement earlier today of a postponement of strikes for a five-day period following "productive conversations" with the Iranian regime, markets rose sharply, with the FTSE 100 recovering to trade 0.5% hig...