Trump Downplays Desire for Iran Deal, Global Bonds Slump | The Opening Trade 9/2/2026

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.

Meanwhile President Donald Trump downplayed the chances of a deal, writing in a post on Truth Social that he’s “not trying to force Iran to the bargaining table.”

The selloff sweeping global bond markets looks painful, but it’s nothing compared with the rout four years ago, when soaring inflation forced central banks into a series of rapid-fire interest-rate hikes.

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 and Lizzy Burden.

Chapters:
00:00:00 – The Opening Trade
00:00:25 – Market Check
00:01:34 – New US, Iran Strikes
00:04:30 – Stocks Drop on Global Bond Rout
00:06:54 – UK 30-Year Yield Hits 1998 High
00:11:29 – Oil Price Jumps
00:21:39 – Nvidia, Hugging Face Deal
00:22:05 – Zelenskiy Threatens to Shut Russia’s Airspace
00:22:20 – Germany Plans Tougher China Trade
00:24:50 – Scott Bessent on Chinese Yuan
00:38:19 – Energy Prices Drive Bonds Up
00:46:45 – Stocks to Watch: Lottomatica, Nokia, Engie, Nestle
00:57:34 – Copper Rally Stalls
01:04:19 – UBS Compromise Deal
01:08:32 – Couldn’t Care Less if Iran Strikes Deal: Trump
01:14:57 – UK PM Vows Public Control of Water Services
01:27:16 – Broadcom’s AI Growth
01:32:10 – Nokia Rejoins Euro Stoxx50
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