Global Market Update | Oil Surge, Nvidia Earnings & UK Bond Yield Shock

Markets faced another volatile week as oil surged above $111 per barrel amid Middle East tensions and concerns over the Strait of Hormuz. In this update Kathleen Brooks covers: Oil price outlook for Q2 Nvidia-led tech selloff & Nasdaq weakness UK bond yield volatility and fiscal concerns GBP/USD key support & resistance levels Gold price consolidation What investors are watching this week Key levels discussed: • Oil: Triple-digit risk remains • GBP/USD: Support at 1.33 | Resistance at 1.36 • Nvidia earnings could set the tone for broader markets Watch now for the latest macroeconomic insights and market analysis. Web: https://www.xtb.com/en TikTok: https://www.tiktok.com/@xtb_uk Instagram: https://www.instagram.com/xtb_uk/?hl=en Facebook: https://www.facebook.com/xtb Twitter: https://twitter.com/xtb ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- This presentation is provided for general information and marketing purposes only. Any opinions, analyses or other content does not constitute investment advice or a recommendation. Any research has not been prepared in accordance with legal requirements to promote the independence of investment research and as such is considered to be a marketing communication. XTB will not accept liability for any loss or damage, including without limitation, any loss of profit, which may arise directly or indirectly from the use or reliance on such information. Please be aware that information and research based on historical data or performance does not guarantee future performance or results. Past performance is not necessarily indicative of future results, and any person acting on this information does so entirely at their own risk. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 72% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.