Iran War: Trump Holds Off on New Strikes | Daybreak Europe
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Bloomberg 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, President Trump says he's called off fresh attacks on Iran that had been planned for Tuesday, after an appeal by leaders in the Middle East. The US President says Saudi Arabia, Qatar, the UAE and others have told him they're "getting very close to making a deal". Oil slipped on the news, but stocks in Asia and US futures fell, as optimism faded for a deal to end the war.
European Union officials are due to meet to try to finalize the trade deal with the US. Failure to reach an agreement could mean missing President Trump's July 4 deadline, risking a fresh round of tariff escalation.
Plus Alphabet's Google has agreed to create an artificial intelligence cloud business with Blackstone, that would compete with companies like CoreWeave.
Chapters:
00:00:00 - Daybreak Europe
00:03:02 - Trump Says Holding Off on New Iran Strikes After Gulf Appeal
00:08:23 - Japan’s Faster Economic Growth Offers Window for BOJ Rate Hike
00:14:15 - Bond Jitters Gatecrash G-7 Talks on World Economy
00:18:04 - Google Looks to Expand Use of Its AI Chips
00:22:08 - Huang: Did Not Discuss H200 Chips on Trip
00:25:25 - Oil Declines After Trump Says He Called Off Strike on Iran
00:28:23 - Putin Seeks Closer Ties With Xi Post-Trump Visit
00:30:12 - EU Risks Missing Trump's July 4 Trade Deadline
00:35:10 - UK Labor Market Statistics
00:38:35 - Andy Burnham to Reject Changes to Fiscal Rules if He Wins
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