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Taken from CNBC’s Daily Open, our international markets newsletter — Subscribe today
Hello, this is Katie Foley writing to you from London, on the last trading day of April.
Markets are not waiting for the calendar to tick over to lean into the ‘sell in May’ adage, with crude prices surging and stocks sinking this morning.
Over the month, we’ve seen a fragile Iran ceasefire negotiated, and then extended - facing multiple cliff-edge moments dictated by the U.S. President’s Truth Social account. We’ve seen the first national inflation and growth prints impacted by spiralling energy prices, and early signs of knock-on effects to corporate earnings.
