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Trump Says Hormuz to Reopen Friday But G7 Allies Less Convinced | Daybreak Europe 6/16/2026
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June 16, 2026
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46:33Now PlayingBloomberg Daybreak Europe is your essential morning viewing to stay ahead. Live from London, 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.
European allies at the G7 summit in France appear skeptical that trade through the Strait of Hormuz can resume by the end of the week - despite President Trump insisting his timeline is on track.
The Bank of Japan has raised its benchmark interest rate by a quarter percentage point to 1% - the highest level since 1995. The central bank also signaled that further policy normalization lies ahead.
And Nvidia joins the AI borrowing frenzy with a 25 billion dollar bond sal, while SpaceX shares extend gains, adding more than 400 billion dollars in market value.
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