The US and Iran are considering a two-week ceasefire extension, according to a person familiar with the matter, who asked not to be identified discussing sensitive matters. Neither side desires restarting fighting, said another person familiar with the discussions, with the war having devastated Iran’s infrastructure and sent energy prices soaring, including in the US.
Market expectations for a lengthening of the truce and an eventual formal end to the war have risen in the past two days, with many stock exchanges reversing their losses from the conflict and even hitting record highs.
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
00:00:25 - Market Check
00:02:23 - Global Stocks Hit Record
00:05:51 - China Growth Tops Forecasts
00:07:23 - TSMC's 1Q Profit
00:10:23 - Blue Owl Surges Most Since 2022
00:10:48 - US Probes Suspicious Oil Trades
00:11:29 - Central Bankers in No Rush to Raise Rates
00:14:32 - US, Iran Said to Seek Two-Week Extension
00:31:48 - IMF Says Treasuries Losing Premium
00:38:45 - AI Trade to Boost Stocks as Bonds Stay Cautious: MLIV
00:46:59 - Stocks to Watch: Tech, Pernod, Ricard, Tesco
01:03:52 - TSMC Beats Profit Estimates
01:13:54 - Bessent, Lagarde, Bailey Assess Anthropic's Mythos Risks
01:18:41 - Anthropic EMEA North Head Pip White Speaks
01:26:56 - Private Credit Does Fine in Growing Economy: Ted Pick
01:29:11 - Wall Street Banks to Cut 5,000 Jobs
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