Trump Plans Hormuz Charge, Stocks Steady Before Warsh & CPI | The Opening Trade 7/14/2026
President Donald Trump reinstated the US blockade of Iranian ships transiting the Strait of Hormuz and demanded a 20% reimbursement for all other cargo shipped
President Donald Trump reinstated the US blockade of Iranian ships transiting the Strait of Hormuz and demanded a 20% reimbursement for all other cargo shipped through the waterway. US stocks steadied as traders refrained from making big bets ahead of a jam-packed day that will see the unofficial start of the earnings season, along with testimony from Fed Chair Kevin Warsh and US inflation data. Higher crude prices kept bets on a July US interest rate increase in place, with swap markets signaling a chance of a hike when the Federal Reserve meets later this month.
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 and Tom Mackenzie. Chapters 00:00:00 - The Opening Trade 00:02:57 - Iran, US Trade Strikes 00:06:25 - Katayama Floats JGBs in Tax Free Accounts 00:10:18 - Bank Earnings 00:13:20 - US Hits Iran with Strikes, Blockade 00:21:14 - Fed Rate-Hike Bets 00:25:26 - Bond Market Check 00:32:02 - Strong Global Outlook in 2027: Franklin Templeton 00:38:24 - Japan' GPIF Holds 00:42:34 - Warsh to Move Markets More Than He Wants: MLIV 00:47:42 - Stocks to Watch: Ericsson, BP, Watches of Switzerland 01:05:31 - Brent Crude Level, Oil Price Climbs 01:11:17 - Watches of Switzerland Stock 01:15:10 - Fed's Kevin Warsh Testimony 01:17:32 - Robust Economic Outlook in US: Apollo's Jim Zelter 01:19:05 - easyJet Gets £5.7B Apollo Offer 01:30:48 - US Inflation 01:35:25 - World Cup: France vs Spain More on Bloomberg Television and Markets Like this video?
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