Latest Irish Life weekly markets update

Key talking points include:

• Markets rebounded strongly in a holiday-shortened week amid tentative signs of a de-escalation of conflict in the Middle East and better-than-expected US jobs data.
• The S&P 500 rose by 3.4% (MTD -0.1%, YTD -3.8%) while the Euro Stoxx 600 rose by 3.8% (MTD -0.2%, YTD 0.8%).
• This week, markets will continue to watch developments in the Middle East as President Trump's deadline approaches later today. Elsewhere, US inflation data will be released on Friday and Hungary goes to the polls on Sunday with Prime Minister Viktor Orbán trailing in the polls.