Markets endured a turbulent week as geopolitical tensions in the Middle East sent energy prices sharply higher. Oil became the centre of global market anxiety, swinging wildly before ending the week significantly up. With the Strait of Hormuz—a critical global shipping artery—under threat, investors were forced to reassess inflation expectations, interest‑rate paths, and the durability of the current economic backdrop. Government bond yields rose across Europe and the US, equity markets wobbled, and sentiment turned decidedly cautious. European indices, more sensitive to energy costs, lagged behind their US counterparts, while only a narrow slice of tech stocks managed to hold their ground. The week was a reminder of how quickly geopolitical shocks can ripple through every major asset class.
We’re excited to share some uplifting news from within our community. On May 19th , Neil Muir our CEO will be lacing up his boots and joining Cardiff YMCA for the Mount Toubkal Hiking Challenge - a demanding trek to the summit of North Africa’s highest peak. This challenge isn’t just about reaching the top of a mountain. It’s about lifting up young people here at home. Why This Challenge Matters Our group fundraising target is £10,000 , and every contribution brings us closer to sustaining a service that means so much to so many. The funds raised will directly support Cardiff YMCA’s Open Access youth club , a vital space where young people can find safety, encouragement, and trusted adults who genuinely care. For many, this youth club is more than a place to go - it’s a lifeline. It’s where friendships are built, confidence grows, and support is always within reach.
The Background