Trump Sees Iran Strikes Short-Lived as Oil, Dollar Fall | Daybreak Europe 9/3/2026

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. US President Donald Trump said renewed attacks on Iran would likely be short-lived, reiterating his claim Washington controls the Strait of Hormuz after fresh fighting spiked energy prices and rekindled fears of an open-ended war. Broadcom predicted a boom in artificial intelligence chip sales over the next two years, helping renew optimism that it can challenge Nvidia's dominance in the lucrative market. And a surge in the yen highlighted the nervous tension surrounding the currency in the run up to the Bank of Japan’s meeting later this month. Today's guest: Pilar Gomez-Bravo, MFS Investment Management, Co-CIO Fixed Income. Chapters: 00:00:00 - Daybreak Europe 00:04:17 - Broadcom Predicts Surge in AI Chip Sales 00:07:26 - US Weighs Fresh Tariffs on Imported Chips 00:10:02 - Dollar Weakens on Debasement Trade Revival 00:14:12 - Trump Says Iran Strikes to Be Short, Asserts Hormuz Control 00:17:32 - Chevron CEO Wirth on Investing $7 Billion in Venezuela 00:23:36 - Oil Rally Eases 00:27:38 - 30-Year Around the Globe Hit 2026 Highs 00:29:39 - Pilar Gomez-Bravo, MFS Investment Management, Co-CIO Fixed Income 00:37:06 - Uber to Slash 3,300 Roles 00:42:36 - Altman: Entire Society is Going to Need AI -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTechnology Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts