US, Iran Exchange Attacks, Apple's Changing of the Guard | The Pulse 8/31/2026

The US and Iran exchanged strikes for the first time in about a month as American forces hit an island in the Strait of Hormuz and the Islamic Republic responded by launching attacks on the United Arab Emirates and Jordan. US Treasury yields ticked lower and stock futures were mixed as traders assessed the outlook for interest rates following Federal Reserve Chairman Kevin Warsh’s hawkish inflation comments at Jackson Hole. John Ternus steps into his new role as Apple chief executive officer this week. Ternus won’t have much time before the company begins its annual fall product rollouts. This year the lineup will include an unusually ambitious slate of devices he’s been teasing for months internally. Today's guests: Bjoern Griesbach, Allianz Investment Management Head of Macroeconomic and Capital Market Research; James Kisner, Water Tower Research Technology Research Analyst. -- "The Pulse With Francine Lacqua" is all about conversations with high profile guests in the beating heart of global business, economics, finance and politics. Based in London, we go wherever the story is, bringing you exclusive interviews and market-moving scoops. Chapters: 00:00:00 - The Pulse 00:00:23 - Stocks, gold drop on Fed rate-hike bets 00:01:13 - Bjoern Griesbach, Allianz Investment Management Head of Macroeconomic and Capital Market Research 00:09:17 - Oil gains as US hits Hormuz targets 00:11:14 - Trump's Iran war exposes new challenge for Xi-Putin security bloc 00:14:04 - Germany's Saxony-Anhalt holds elections Sept. 6 00:18:47 - Iceland votes to reject the European Union 00:21:41 - Monday top stories 00:23:02 - Monday headlines 00:23:25 - Apple's Ternus takes CEO reins with AI first priority 00:26:22 - James Kisner, Water Tower Research Technology Research Analyst 00:33:58 - Lawmakers focus on compromise in UBS capital debate 00:36:08 - Shein falls in Hong Kong gray market 00:40:44 - BOE's Bailey plays down inflation risk ahead of decision -------- 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