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Iran Says it Will Control Hormuz & Has No Plans to Meet US in Qatar | Daybreak Europe 6/30/2026

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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, stocks in Asia headed for their biggest quarterly jump since 2009, as investors piled back into companies seen as beneficiaries of the AI buildout. Elsewhere, the yen extended its recent losses to weaken beyond 162 per dollar โ€” a milestone that will generate unease in Japan and put traders on alert for intervention.

A top Iranian official says Iran is determined to maintain control over maritime traffic in the Strait of Hormuz, raising the stakes ahead of talks, which the US says will take place in Doha on Tuesday. Iran’s Deputy Foreign Minister Kazem Gharibabadi says there are no plans for Iranian officials to meet US delegates in Qatar.

And the ECB President Christine Lagarde has lauded Europe’s resilience to economic shocks in her opening speech at the ECB’s annual forum in Sintra, Portugal.

Chapters:
00:00:00 – Daybreak Europe
00:01:01 – Asia Stocks Set for Best Quarter Since 2009
00:04:38 – Japan’s Two-Year Bond Sale Sees Strong Demand
00:09:40 – Iran Says No Plans to Meet US Delegation in Doha
00:14:11 – Fed’s Cook to Stay for Now
00:17:15 – Trump Ruling Applies to FTC and Similar Agencies
00:19:25 – South African Migrant Protests
00:28:04 – Bloomberg Economics: Expect a Final ECB Hike In September
00:31:23 – EU-China Set October Deadline to Reset Trade Ties
00:35:01 – Maersk Raises Profit Outlook
00:40:33 – Talented US Immigrants are Looking Abroad
00:42:54 – Burnham Vows to Grow Economy by Taking Powers Out of London
00:44:49 – UK Set to Publish Defense Funding Plan
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To Make GTA VI, Rockstar Had To Remake Itself

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How did Rockstar Games build Grand Theft Auto VI, what is expected to be the biggest video game blockbuster of all time? Well, first it had to rebuild itself, Jason Schreier explains.
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AI Is Tailwind, IBM CEO Says as Sales Rise

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IBM says sales increased by 5% to $17.1 billion in the third quarter, topping estimates. Sales in the software unit also expanded. The company reported earnings of $2.95 per share. CEO Arvind Krishna says AI is a tailwind. Romaine Bostick discusses with Mandeep Singh and Anurag Rana of Bloomberg Intelligence.
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Indonesia Selloff Deepens as Emerging-Market Status Comes Under Threat

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Insight with Haslinda Amin, a daily news program featuring in-depth, high-profile interviews and analysis to give viewers the complete picture on the stories that matter. The show features prominent leaders spanning the worlds of business, finance, politics and culture.

Chapters:
00:00:00 – Insight withHaslinda Amin begins
00:01:23 – Chinaโ€™s growth rebound tops forecasts to close in on target
00:05:06 – Asia tech shares show resilience after the Nasdaq selloff
00:07:12 – Allspring Global Investments portfolio manager Gary Tan on whether AI faces overcapacity risks
00:14:32 – Indonesian stocks extend their worst rout in decades after MSCI warning
00:19:09 – Gary Tan on why it is too early to buy Indonesia’s market dip
00:24:09 – Putin proposes meeting with Trump and Xi on Ukraine: WSJ
00:27:05 – EU Chamber of Commerce in China President Jens Eskelund on growing European unity on trade with China
00:35:22 – Jens Eskelund on why weak consumption and investment leave China reliant on exports
00:37:50 – Indian Science and Technology Minister Jitendra Singh on nuclear energy and AI
00:41:40 – Modi has no easy fix to end latest India cockroach protests
00:43:59 – France seeks to curb unrest as protest violence hits Europe
——–
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How Airlines Actually Hedge Against Higher Fuel Prices

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Fuel is a huge expense for airlines and with two major wars now affecting energy infrastructure, fuel prices across the board are higher and higher.

David Kang, former group treasurer at Qatar Airways, joins Tracy Alloway and Joe Weisenthal on the Odd Lots podcast to discuss how airlines use swaps and options to hedge against future increases in the price of jet fuel.
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SpaceX Seeks To Join AI Borrowing Bonanza

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SpaceX is joining the AI borrowing bonanza โ€” seeking $40 billion to secure Nvidia chips.

Peter Elstrom explains.
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