Oil Climbs With Iran Pessimistic About Trump Deal Before US Midterms
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Bloomberg Daybreak Europe is your essential morning viewing to stay ahead. Live from Brussels, 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. Global equities slid to a one-week low as surging oil prices and mounting bets on further Federal Reserve interest-rate hikes drove Treasury yields to multi-year highs. Iranian officials have privately expressed pessimism about reaching a deal to end hostilities with Washington and reopen the Strait of Hormuz before US midterm elections in November, according to people familiar with the matter. And UK Prime Minister Andy Burnham will set out his pitch for honest political debate as the antidote to populism at the UK Labour Party Conference, as he reveals his plans for taking on thorny issues, from Britain’s expensive social care system to its creaking water infrastructure. Today guest: Sunaina
Tags: Andy Burnham, Canada GDP, Canadian dollar, Crude Oil, Crude Oil Markets, Fed rate hike, Federal Reserve, Global Markets, Gold Prices, Inflation, Japanese yen, Mark Carney, Raymond James Financial Inc., Strait of Hormuz, UK economy, US China trade deal, US Dollar, US Iran talks, Wall Street, dow jones
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