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Iran War: Trump Says New Talks to Begin | Daybreak Europe 8/3/2026
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August 3, 2026
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46:02Now 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.
On today's show, the US President says new talks with Iran are set to begin after he cancelled a planned attack. Oil tumbled and bonds gained on hopes for a deal to reopen the Strait of Hormuz. Iran says it's in the final stages of talks with Oman on a new route through the Strait, but the talks don't cover whether it will be open or closed.
Japan and the US warned of further coordinated action in FX markets, after confirming their first joint intervention in 15 years to lift the Japanese currency from a near four-decade low.
And Bloomberg understands that AstraZeneca has looked into an acquisition of Bristol Myers Squibb in a megadeal that would create one of the world's largest drugmakers.
Today's guest: Ludovic Subran, Allianz, CIO & Chief Economist.
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