March's inflation figures came in hotter than expected, raising the odds of a Fed rate hike and cooling Wall Street's record run.

The focus from the Iran war will likely take center stage during the talks, which could leave less scope to resolve issues like tariffs and rare earth supplies.

Markets eye three high-stakes political stories this week, with the U.S., Iran, China and the U.K. front and center.

Despite claiming that Iran's military is defeated and that Washington "has all the cards" in the conflict, Trump has yet to force Tehran to come to a deal.

March's inflation figures came in hotter than expected, raising the odds of a Fed rate hike and cooling Wall Street's record run.