Market and economic wrap: Markets face a tough week as bond yields, oil and geopolitics test resilience.

Markets are proving resilient, but investors are navigating a more challenging environment as rising bond yields, elevated oil prices and geopolitical tensions test market confidence. In this week’s episode, Trevor Garvin, Head of Multi-Manager at Nedgroup Investments, explores the factors behind the recent pullback in global equity markets, why higher government bond yields are creating pressure for growth assets, and what investors should watch as inflation and fiscal concerns remain in focus.

He also discusses the latest moves in commodity markets, including the continued strength in gold and oil, the impact of a stronger rand on South Africa’s inflation outlook and the key risks emanating from the Strait of Hormuz and broader global trade developments.