US-Iran War Intensifies as Trump Downplays Desire For Deal | Daybreak Europe 9/2/2026

By Bloomberg Television

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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. The conflict between the US and Iran escalated sharply, with American forces carrying out a fresh wave of strikes and Iran saying it had retaliated. The renewed fighting in the Middle East drove oil prices higher, fueling inflation fears and expectations for tighter monetary policy. Stocks, bonds and gold slumped. And Ukrainian President Volodymyr Zelenskyy warned airlines to avoid Russian airspace as he threatened to respond to Moscow’s escalating missile attacks by crowding its skies with drones. Chapters: 00:00:00 - Daybreak Europe 00:01:04 - Stocks, Bonds Extend Losses as Oil Gains on Iran 00:03:47 - BOJ Board Hawk Takata Leaves Door Open for Outsized Rate Hike 00:08:15 - Oil Extends Ga

Tags: Andy Burnham, Bitcoin, Fed rate hike, Federal Reserve, Global Markets, Gold Prices, Inflation, Iran economy, Japanese yen, Kevin Warsh, Mark Carney, PMQ, Russia China trade, Scott Bessent, Strait of Hormuz, Treasury yield, U.S. Treasuries, UK economy, US Dollar, Vladimir Putin

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