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Iran War: Trump Rejects Iran Latest Offer & Trump-Xi Summit | Daybreak Europe 5/11/2026

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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, US President Donald Trump and Iran have rejected each other’s latest peace proposals to end the 10-week conflict as the two sides struggle to maintain a fragile ceasefire.”

Beijing has officially announced the date of Donald Trump’s state visit this week, publicly green-lighting the first US presidential trip to China in nearly a decade. President Trump will meet Xi Jinping on Thursday.

And the UK Prime Minister Keir Starmer will make a last-ditch effort to save his premiership on Monday morning with a politically charged address designed to hold back calls for a change in leadership atop Britain’s governing Labour Party.

Today’s guest: Joe Twyman, Deltapoll, Co-Founder; Freya Beamish, TS Lombard, Chief Economist; Baiba Braže, Latvian Foreign Minister.

Chapters:
00:00:00 – Daybreak Europe – 5/11/2026
00:02:41 – Trump Rejects Peace Offer
00:07:11 – Oil Price Rise
00:10:25 – Asia Markets Check
00:13:23 – Starmer’s Make-or-Break Reset Speech
00:16:45 – Starmer’s Rivals Circle
00:22:08 – Trump-Xi Summit / Hormuz / Hantavirus
00:25:26 – Front Page News
00:26:31 – Aramco Warns of Long Market Disruption
00:31:26 – Traders Brace for US Inflation Data
00:36:50 – Exclusive: Latvian Foreign Minister Baiba Bražee
00:45:06 – Chart Talk
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Indonesian Stocks Tumble on MSCI Downgrade Warning

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Indonesian stocks suffered their worst rout in nearly three decades after MSCI warned the country’s emerging-market status was in jeopardy. David Ingles and Stephen Engle report.
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South Africa pushes back against US ‘White Supremacy’ agenda

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South Africa’s foreign minister Ronald Lamola describes the US administration’s views as feeding the agenda of White supremacy, and said its policy is a race-based policy executive order. https://www.bloomberg.com/news/articles/2025-11-18/g-20-on-track-despite-trump-s-absence-host-south-africa-says

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Investors Aren’t Wild About Big Tech’s AI Forecasts

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US tech giants started releasing their latest earnings this week, and AI spending plans are getting a hard look from investors. On today’s Big Take podcast, Meta’s plan to spend some $825 billion over the next decade made investors nervous but Microsoft, Alphabet and Amazon may fare better.
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Nvidia-Backed Firmus IPO Collapses as AI Valuation Concerns Grow

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Firmus abandoned its attempt at one of Australia’s biggest-ever initial public offerings, after the Nvidia-backed data center company failed to lure global investors who’ve grown increasingly skittish over frothy AI valuations.
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Republican-led House votes to stop Iran War in rebuke to Trump #shorts #politics #trump #iran

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The Republican-led House voted to halt the US war with Iran, breaking with President Donald Trump on an unpopular foreign conflict that is taking an escalating economic toll on Americans. Joe Mathieu reports https://bloom.bg/43Lus7d

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