Hormuz Deal Remains Elusive, Stocks Hold Near Record Highs | The Opening Trade 8/10/2026
Stocks traded near record highs, with Asian shares mirroring Friday’s gains on Wall Street after weak US jobs data curbed bets on Federal Reserve interest-rate
Stocks traded near record highs, with Asian shares mirroring Friday’s gains on Wall Street after weak US jobs data curbed bets on Federal Reserve interest-rate hikes. Oil traded around $83 a barrel as a deal to reopen the Strait of Hormuz remained elusive. An agreement with Oman to establish a shipping route through Hormuz was “very close,” Iran’s Foreign Minister Abbas Araghchi said over the weekend. He ruled out direct talks with the US for now because of violations of an interim peace deal reached in June.
The Opening Trade has everything you need to know as markets open across Europe. With analysis you won't find anywhere else, we break down the biggest stories of the day and speak to top guests who have skin in the game. Hosted by Guy Johnson and Tom Mackenzie. Chapters 00:00:00 - The Opening Trade 00:00:29 - Market Check 00:02:15 - Iran Rejects US Ceasefire 00:04:05 - Stock Rally, US Jobs Data 00:06:20 - US Inflation 00:08:45 - Iran's Araghchi on US 00:24:30 - Bond Market 00:35:50 - Berkshire Hathaway 2Q Spending 00:40:08 - US Inflation, Iran: MLIV 00:47:11 - Stocks to Watch: Chip Stocks, GEA Group, UK recruiters 01:02:49 - TSMC Sales Rise 45% 01:14:02 - European Wildfires 01:21:36 - Catastrophe Bonds Issuance Soars 01:23:49 - ADNOC CFO on US, Iran Tensions 01:27:03 - Reopening Strait Requires US Ending Blockade: Iran 01:32:08 - US Inflation This Week More on Bloomberg Television and Markets Like this video?
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