Oil Declines as US and Iran Explore Agreement to Reopen Hormuz
Bloomberg Daybreak Europe is your essential morning viewing to stay ahead. Live from Brussels, we set the agenda for your day, catching you up with overnight markets news from the US and Asia. And we’ll tell you what matters for investors in Europe, giving you insight before trading begins.
Oil declined as US and Iranian negotiators explored a phased deal that would see Tehran reopen the Strait of Hormuz.
A global bond selloff that drove yields to multi-decade highs stabilized in Asia as oil snapped a two-day surge, offering investors some respite after a bruising stretch for debt markets.
And Donald Trump’s summit with China’s Xi Jinping has been heavy on pageantry and platitudes but light on substantive announcements, with the events shadowed by the US president’s preoccupation with construction projects and personal grievances.
Chapters:
00:00:00 – Daybreak Europe
00:04:23 – US, Iran Said to Be Exploring Phased Deal to Open Hormuz
00:07:59 – Yen Strengthens on Katayama’s Comments
00:11:43 – Bonds Stabilize as Oil Declines
00:14:49 – Trump-Xi Summit Low on Substance
00:17:59 – Trump: US, China ‘Never Gotten Along Better’
00:21:27 – Rutte: Plans Have Been Prepared in Case of Hybrid Actions
00:24:52 – ECB Succession Race
00:31:42 – Trump, Xi Thrust Fierce US-China AI Rivalry Into Spotlight
00:34:36 – Rise Follows Release of Meta’s Muse Personal AI
00:37:42 – Jitten: Need to Regulate AI
00:41:15 – Schnabel Will Leave ECB Board Early
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