United Nations General Assembly President Annalena Baerbock says the UN faces a “decisive moment” with the selection of a new Secretary-General approaching. Speaking with Bloomberg’s Romaine Bostick on “Bloomberg Open Interest,” Baerbock also warns the UN could face a liquidity crisis.
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The US and Iran engaged in a quickening series of tit-for-tat attacks, with the American military conducting a wave of strikes on the Islamic Republic following the deaths of service personnel.

US Central Command said Sunday it had completed a ninth straight evening of attacks targeting Iranian command centers, maritime capabilities, missile and drone launch sites and communications networks.

Andy Burnham is set to become the UK’s seventh prime minister in just over a decade with numerous outstanding questions about who will be in his cabinet and the policy direction he will pursue.

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.

Chapters:
00:00:00 – The Opening Trade
00:00:28 – Market Check
00:01:31 – Iran: US Launches Ninth Wave of Strikes
00:03:33 – Kuwait Says Intercepting Drone Attacks
00:07:18 – Farnborough Airshow
00:13:11 – UK Domestic Challenges
00:22:03 – Moonshot AI Hong Kong IPO
00:22:30 – Russia Strikes Kyiv
00:22:50 – World Cup: Spain Defeats Argentina
00:29:39 – Oil Price, Brent Crude Levels
00:41:20 – Alibaba Stock Rises
00:48:02 – Stocks to Watch: UK Stocks, RyanAir, Prysmian
01:06:54 – Burnham: UK’s Seventh Prime Minister in a Decade
01:14:07 – BlondeMoney CEO Helen Thomas
01:28:46 – CuspAI CEO & Co-founder Chad Edwards
01:34:22 – Andy Burnham Policy Agenda
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Tensions rise in New Delhi as thousands of supporters of India’s youth-led Cockroach movement attempt to march to the Parliament, demanding the education minister’s resignation.
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US equity futures rise in a tech rebound as SK Hynix is set for a US listing this week. Oil slumps as flows through the Strait of Hormuz are restored after some tanker U-turns and after OPEC+ members agree to a modest rise in oil supply next month. Presidents Donald Trump and Volodymyr Zelenskyy are expected to meet at a NATO summit in Turkey. Anneka Treon of ING discusses the earnings environment and the impact of supply shocks in markets.
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The US conducted a ninth straight day of airstrikes on Iran, bombing military targets and communications networks trying to force the Islamic Republic to stop shipping attacks and reopen the Strait of Hormuz. Iran continued to attack US bases in the likes of Kuwait, Jordan, Bahrain and Iraq. Tyler Kendall reports on Bloomberg Television.
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