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Trump Vows Tariffs on Iran's Trade Partners, Yen Falls to Two-Year Low | The Opening Trade 1/13/2026
1:35:39
Bloomberg Television
Trump Vows Tariffs on Iran's Trade Partners, Yen Falls to Two-Year Low | The Opening Trade 1/13/2026
US President Donald Trump’s announcement of new tariffs on goods from countries trading with Iran risks derailing his one-year trade truce with China, the world’s top buyer of Iranian oil. Much of the action was in Japan, where stocks jumped and government bond yields surged on speculation that Prime Minister Sanae Takaichi might call a snap election. The yen dropped to its weakest level against the dollar since July 2024. Defense and nuclear stocks rose in the so-called “Takaichi trade,” which has helped fuel equity gains, bond losses and a weak currency. 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 00:01:47 - Market Check 00:04:36 - Iran's Top Trade Partner 00:05:33 - Tariff Wars Have No Winners: Mao 00:06:32 - Powell Probe Stirs GOP Concern 00:09:33 - Apple, Google AI Deal 00:10:07 - UBS's Ermotti to Step Down in 2027 00:10:46 - Orsted Wins Supreme Court Ruling 00:13:58 - Powell Is a Man of Impeccable Integrity: Fed's Williams 00:26:36 - Japan's Takaichi Eyes Snap Election 00:40:36 - December US CPI Report 00:46:54 - Stocks to Watch: Orsted, Diageo, UK Retail 01:05:06 - Orsted Stock 01:09:17 - UBS CEO Sergio Ermotti on Swiss Banking Reforms 01:16:58 - Trump Escalates Feud with Fed 01:29:50 - Bank Earnings 01:31:55 - JPMorgan, Citi, BofA, Wells Fargo Loan Growth -------- 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
Published Jan 13, 2026
Oil Hoarding Becoming a More Dominant Theme, Currie Says
3:57
Bloomberg Television
Oil Hoarding Becoming a More Dominant Theme, Currie Says
Jeff Currie, chief strategy officer of energy pathways at Carlyle, discusses oil markets in light of recent events in Iran and Venezuela. Speaking on Bloomberg Television, he says the world is now riskier. "The market going in is record short, demand is not slowing down — it's picking up," Currie tells Francine Lacqua. "Geopolitical risk is at, I would say, an all-time high," he adds. "That's a recipe for a spike in prices right now." -------- 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/@BloombergTech 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
Published Jan 13, 2026
Iran May Be in Throes of 'Slow Decay,' Chatham House Says
2:45
Bloomberg Television
Iran May Be in Throes of 'Slow Decay,' Chatham House Says
Chatham House's Middle East and North Africa Programme Director Sanam Vakil discusses Iran's intensifying crackdown on anti-government protests and the potential consequences of a regime collapse on global geopolitics. "The hard work lies in the details, changing the system of governance, the regulatory environment," Vakil tells Bloomberg Television. "This is not going to be a quick and easy fix. It's not as if you can remove [Supreme Leader Ayatollah] Ali Khamenei and fix everything." -------- 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
Published Jan 13, 2026
Glencore Jumps on Rio Merger Talks, Trump to Meet Venezuela's Machado | The Pulse 1/9/2026
48:32
Bloomberg Television
Glencore Jumps on Rio Merger Talks, Trump to Meet Venezuela's Machado | The Pulse 1/9/2026
Glencore shares jumped almost 10% after the company confirmed that it's in talks to be taken over by Rio Tinto. A mega merger would create the world's biggest mining company, with a combined market value of more than $200 billion. It's little over a year since previous merger talks collapsed. On the geopolitical front, US President Donald Trump says he's planning to meet Venezuela's opposition leader María Corina Machado as soon as next week. Today's guests: Ludovic Subran, Allianz, CIO & Chief Economist; Irene Mia, International Institute for Strategic Studies, Latin America Senior Fellow; Dwayne Lysaght, JPMorgan, Co-Head of EMEA M&A; Roland Rudd, FGS Global, Global Chair --- "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 with Francine Lacqua 00:00:24 - Glencore, Rio in talks to form world's biggest minter 00:03:32 - Markets brace for pivotal US jobs report, tariff ruling 00:04:18 - Ludovic Subran, Allianz Chief Investment Officer 00:13:57 - US oil bosses summoned to Washington 00:16:32 - Irene Mia, International Institute for Strategic Studies Senior Fellow 00:23:39 - Friday headlines 00:24:27 - Dwayne Lysaght, JP Morgan EMEA M&A Co-Head 00:31:27 - TSMC revenue tops estimates in upbeat outlook for AI 00:34:51 - Grammy-winning artist will.i.am on AI impact in the music industry 00:37:28 - Navarro sees end of China rare earths dominance 00:38:56 - Lagarde: Central bank independence critically important 00:40:45 - Roland Rudd, FGS Global, Global Co-Chair -------- 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
Published Jan 13, 2026
Quincy Institute's Trita Parsi on Why Regime Change in Iran Is Harder Than Many Think
10:19
Bloomberg Television
Quincy Institute's Trita Parsi on Why Regime Change in Iran Is Harder Than Many Think
Trita Parsi, Executive Vice President of the Quincy Institute, explains why dismantling Iran’s regime is far more complicated than U.S. interventions in Iraq or Libya. With power dispersed across multiple centers, removing top leadership won’t collapse the state. On Insight with Haslinda Amin, Parsi also delved into Iran’s protests, U.S. strike plans, Israel’s influence, and the risk of escalation in the Strait of Hormuz. -------- 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
Published Jan 13, 2026
Japan Politics Matter More Than Fed, CPI - 3-Minute MLIV
3:59
Bloomberg Television
Japan Politics Matter More Than Fed, CPI - 3-Minute MLIV
Anna Edwards, Guy Johnson, Tom Mackenzie and Skylar Montgomery Koning break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade." Chapters: 00:00:00 - MLIV 00:00:04 - Market Reaction to Fed's Powell 00:01:08 - Inflation, US CPI 00:02:14 - Japan Bonds, Yen 00:03:10 - Japan PM Intends to Call Snap Election -------- 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
Published Jan 13, 2026