Mumbai, May 25 -- Global markets head into the final week of May under the shadow of the prolonged Middle East conflict, with investors closely tracking developments surrounding energy exports and peace negotiations. Elevated oil prices and restricted flows through the Strait of Hormuz continue to fuel inflation concerns, keeping central banks and financial markets on high alert. While robust earnings from major global corporations have supported equities, rising sovereign bond yields reflect growing fears that inflationary pressures could delay monetary easing across major economies.

United States of America: In the United States, investor focus will center on the PCE inflation report, personal income and spending figures, and the revised...