Iran, earnings and Kevin Warsh: What investors are watching this week

• A slew of earnings reports are due this week from companies like L'Oreal, Danone, Tesla, Intel, Nestle, and Volvo.
• Key economic data releases include Flash PMIs, UK inflation data, and the IFO Business Climate reading across major economies.
• The US Senate Banking Committee will hold a confirmation hearing for Fed Chair nominee Kevin Warsh on Tuesday.
• Crude prices are spiking due to Strait of Hormuz tensions, contributing to lower European stock performance.
• US markets, particularly the tech sector, have shown strong year-to-date performance despite ongoing geopolitical and economic uncertainties.

Markets are bracing for a busy week with major earnings from companies like L'Oreal, Tesla, and Intel, alongside key economic data including PMIs and UK inflation. Geopolitical tensions in the Strait of Hormuz are driving crude prices higher and European stocks lower, while US markets, led by tech, show surprising resilience amidst global uncertainty.