Chris Hadfield, retired Canadian Astronaut & former International Space Station Commander, suggests Blue Origin’s rocket exploding on the launchpad Thursday night in Florida is a setback for both Blue Origin and the entire space program. He states will be there a lot of “knock-on effects” from the explosion, talks about what’s next for the company following this incident, and how long will it take to rebuild the launchpad. Chris Hadfield speaks with Kailey Leinz and Joe Mathieu on the late edition of Bloomberg’s “Balance of Power.”
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Iran’s Foreign Ministry spokesman says a deal to open the Strait of Hormuz is not imminent, but that consensus has been reached on many issues. Earlier, oil fell after senior US officials said Washington and Tehran were closing in on an agreement to open the vital waterway.

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 Joumanna Bercetche and Tom Mackenzie.

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00:02:06 – Iran War: Oil Drops, Stocks Jump
00:05:47 – Bond Market Selloff
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00:10:45 – ECB Likely to Revise Inflation Outlook: Lagarde
00:11:33 – Ebola May Have Killed 200: Congo Health Ministry
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00:15:21 – Marco Rubio: Iran Deal Maybe Today
00:25:15 – Kevin Hasset on Iran War, Fed
00:37:59 – Turkish Polish Raid CHP’s Offices
00:47:40 – Stocks to Watch: Delivery Hero, Oil Stocks, Airlines
01:02:45 – Airline Stocks Rise
01:05:06 – Rolls-Royce CEO on UK Markets
01:12:49 – China Probes Deadliest Coal Mine Blast
01:25:52 – Ebola Outbreak: More Than 200 Deaths Reported
01:29:18 – Iran’s Baghaei: US Deal Not Imminent
01:33:23 – Bond Markets
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Anna Edwards, Guy Johnson, Tom Mackenzie and Mark Cudmore break down today’s key themes for analysts and investors on “Bloomberg: The Opening Trade.”

Chapters:
00:00:00 – MLIV 6/1/2026
00:00:17 – US Stocks
00:01:22 – 10-Year Yields
00:02:18 – Gilt Markets
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China’s DeepSeek is back with a brand new flagship AI model, a year after its open source model upended Silicon Valley. Tom Mackenzie explains.
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The US carried out airstrikes on an Iranian military site and imposed new sanctions to prevent Tehran from profiting from vessels transiting the Strait of Hormuz. Hours earlier, President Donald Trump asserted that no one nation would control the vital waterway, highlighting a key obstacle in resolving the conflict. Bloomberg’s Jill Disis reports.
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