US and Iranian negotiators are exploring a phased deal that would see Tehran reopen the Strait of Hormuz and Washington lift its blockade of Iranian ports, according to a person familiar with the discussions. Bonds steadied after a selloff that drove global yields to the highest in decades as oil’s rally lost steam, helping to keep US stocks on track for a weekly gain. 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, Guy Johnson and Tom Mackenzie. Chapters: 00:00:00 - The Opening Trade 00:00:56 - Market Check 00:02:48 - Strait of Hormuz Deal Chance 00:06:33 - Trump, XI Summit Takeaways 00:08:12 - Marine Le Pen May Back French Budget 00:12:11 - Xi Pushes Trump to 'Oppose' Taiwan Independence 00:30:54 - Brent Crude Price 00:40:31 - Yen at Risk as BOJ Lags Behind Its Peers: MLIV 00:47:32 - Stocks to Watch: UBS, ASML, Novo 00:54:18 - HelloFresh Stock 01:03:56 - Europe Gas Set for Weekly Decline 01:10:57 - French Budget, Marine Le Pen 01:18:12 - Xi Jinping on US-China Cooperation 01:21:15 - Yahoo! CEO Jim Lanzone 01:32:42 - Treasury Selloff Eases 01:35:02 - Oktoberfest Continues -------- 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