Trump Claims Hormuz Control, US CPI Data on Deck | The Opening Trade 8/12/2026
President Donald Trump claimed the US had “total control over the Hormuz Strait,” as Washington and Tehran hardened their stances in deadlocked negotiations over the
President Donald Trump claimed the US had “total control over the Hormuz Strait,” as Washington and Tehran hardened their stances in deadlocked negotiations over the waterway. “We own it,” Trump told reporters at Joint Base Andrews outside Washington late Tuesday. “And at some point, maybe they’ll do something, and then they get blown away.” US consumer prices data for July will be in focus as higher oil prices raise concerns that the Federal Reserve will need to hike interest rates. Treasuries steadied with the yield on the benchmark 10-year note little changed.
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 Anna Edwards, Guy Johnson and Tom Mackenzie. Chapters 00:00:00 - The Opening Trade 00:00:42 - Market Check 00:03:30 - Tech Stocks Up After Strong Earnings 00:05:36 - Hormuz Disruption Seen Continuing 00:06:04 - US Inflation Data 00:07:56 - Norway Wealth Fund 1H Record Return 00:12:50 - Iran Says Hormuz to Remain Shut 00:16:21 - 64% Chance of September BOJ Hike 00:28:02 - E.On CEO on Record European Heatwave 00:40:06 - US Yields Will Go Much Higher Next Year: MLIV 00:47:05 - Stocks to Watch: Vestas, ABN Amro, TUI 00:51:03 - Tui Suspends Guidance 01:00:25 - Kingspan Jumps 01:06:41 - Vestas Raises Profit Outlook 01:16:42 - US Core PCE More Stubborn than CPI 01:19:03 - Fed Independence No Longer in Doubt: PIMCO 01:24:52 - Oil Holds Gains 01:30:41 - Solar Eclipse Looms Over Europe More on Bloomberg Television and Markets Like this video?
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