US equity futures rise after chipmakers rebound. US Treasury Secretary Scott Bessent's plans to isolate Iran risks heightening tensions between the US and China, Tehran's main trading partner. Billionaire investor Stanley Druckenmiller criticizes Bessent's plan to spend billions buying back US bonds. Canada is set to announce a range of measures to protect its workers and businesses from 50% US tariffs. Henry Allen of Deutsche Bank sees market risks on the upside amid a borrowing binge in the AI sector. Chapters: 00:00:00 - Bloomberg Brief Begins; Top Stories & Global Markets 00:00:54 - Global Market Check, European Stocks Rise as Oil Prices Fall 00:02:33 - US Futures & Nvidia Earnings Preview 00:04:03 - First Look Movers: Nvidia, Dick’s & Melrose 00:05:16 - China Defends Iran Ties as U.S. Sanctions Pressure Builds, China, Iran & the Trump-Xi Summit 00:10:07 - Canada Prepares Response to 50% U.S. Tariffs 00:14:13 - Trending on the Terminal 00:15:58 - Strait of Hormuz & Global Energy Supply, How Gulf States Are Bypassing Hormuz, How Energy Majors Are Managing Hormuz Risk 00:19:30 - Front Page News 00:21:01 - Markets Update 00:22:36 - First Look Movers: Nvidia, Dick’s & CD Projekt 00:24:18 - Henry Allen, Deutsche Bank Macro Strategist, on Drunckenmiller vs. Bessent - Bonds, the Fed & Markets, What Markets Want From Jackson Hole 00:31:16 - Trending on the Terminal 00:32:33 - Iran Warns of Retaliation Against U.S. Economic Pressure 00:37:54 - Volkswagen’s Job Cuts and Turnaround Battle 00:42:05 - What to Watch -------- 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