LONDON, April 19 - Global shares eased, oil prices surged and U.S. bond yields fell on Friday after reports that Israel attacked Iran, in the latest reminder of how the Middle East tinderbox is casting a growing shadow over markets.
Naka Matsuzawa, chief macro strategist at Nomura in Tokyo said the events in the Middle East exacerbate the trend of rising global inflation expectations. Netflix , opens new tab will be an initial focus on Wall Street after its shares fell after-hours on Thursday when the company unexpectedly announced that it will stop reporting subscriber numbers each quarter, seen as a sign that years of customer gains in the streaming wars are coming to an end.
"The other is container shipping costs," Yarrow said, adding that so far there was no sign of these going back up after their blip higher earlier in the year due to tensions in the Red Sea. A day earlier, ASML , opens new tab, the largest supplier of equipment to computer chip makers, reported lacklustre new bookings.