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(Bloomberg) -- The world’s financial markets are encountering a force they didn’t bet on for 2024: A strong dollar is back and looks set to stay.Most Read from BloombergTikTok to Remove Executive Tasked With Fending Off US ClaimsElon Musk’s Robotaxi Dreams Plunge Tesla Into ChaosTesla Spends Weekend Cutting Prices of Cars and FSD SoftwareTrump Has Only $6.8 Million for Legal Fees With Trial UnderwayThe Fed’s Forecasting Method Looks Increasingly Outdated as Bernanke Pitches an AlternativeHaving

(Bloomberg) -- Robust earnings from Corporate America will pull the S&P 500 Index out of its latest morass, despite rising concerns about a significant jump in bond yields, according to Bloomberg’s latest Markets Live Pulse survey.Most Read from BloombergTrump Has Only $6.8 Million for Legal Fees With Trial UnderwayTikTok to Remove Executive Tasked With Fending Off US ClaimsChina Is Front and Center of Gold’s Record-Breaking RallyTesla Spends Weekend Cutting Prices of Cars and FSD SoftwareThe Fe

ASX to slip after Israel-Iran tensions fail to escalate. China widely expected to leave rates on hold. ECB says oil hike won’t delay cuts. Follow here for more.

Reports of Israeli airstrikes in Iran prompt investors to dump shares, buy gold, oil, bonds. Japan inflation falls to 2.7pc. US equity futures turn lower. Follow here.

The Fed comments came as Wall Street banks predicted rates would not drop until December; Magnificent seven lead US tech shares higher. Follow the latest here.