Iran and Oman Discuss Strait of Hormuz Deal | Daybreak Europe 8/26/2026

Watch on YouTube ↗  |  August 26, 2026 at 06:46  |  46:33  |  Bloomberg Markets
Speakers
Winnie — Reporter
Neil — Reporter
Ven Ram — Markets Live Reporter/Strategist, Bloomberg
Caroline — Reporter
Richard Ho — OpenAI chip chief
Lizzy Burden — Crypto Reporter, Bloomberg News
Unnamed Speaker — Cross Asset Strategist, Bloomberg MLIV

Summary

The video covers overnight market movements ahead of highly anticipated Nvidia earnings, with Asian tech stocks rallying and oil prices sliding amid talks to reopen the Strait of Hormuz. Key discussions include the impact of US Treasury buybacks on long-duration bonds, OpenAI's new in-house inference chip, and escalating trade tensions between the US and Canada.

  • Nvidia earnings are in focus, with high expectations for revenue growth and AI demand sustainability.
  • Oil prices drop as Iran and Oman discuss a temporary maritime corridor in the Strait of Hormuz.
  • The Australian dollar strengthens on expectations of potential rate hikes later in the year.
  • Strategist Ven Ram warns against chasing duration in US Treasuries, expecting bond vigilantes to return.
  • OpenAI reveals its new Jalapeno chip, aiming to drastically lower AI inference costs.
  • French government bonds face pressure from political fragmentation and rising deficit concerns.
  • The US and Canada face a potential prolonged trade war following retaliatory tariffs.
Ideas
Winnie Reporter 2:59
Nvidia shares historically drop after earnings beats.
Surging GPU rental rates indicate there is no slowdown in sight for AI usage, supporting Nvidia's continued dominance and ability to push through 15% price hikes amid massive infrastructure investments.
NVDA MED
Winnie Reporter 3:34
Rate hike expectations strengthen the Australian dollar.
Unlike other countries seeing falling yields, Australia is facing rising expectations for interest rate hikes in November or December, which is driving the Australian dollar to its strongest level in three months.
AUD MED
Winnie Reporter 4:14
Treasury intervention fuels a gold debasement trade.
A debasement trade following a surprise Treasury intervention is driving gold prices and gold-related stocks higher, pushing gold miners to their highest level since April against the world index.
GDX GLD MED
Ven Ram Markets Live Reporter/Strategist, Bloomberg 13:29
Do not chase duration; vigilantes will return.
While the Treasury's buyback announcement provided short-term relief for long bonds, bond vigilantes will return due to deficits and inflation, making it dangerous to chase duration right now.
US Long Duration TLT HIGH
Caroline Reporter 38:13
Political and fiscal risks pressure French bonds.
France's inability to cut its deficit, rising debt servicing costs, and political fragmentation are causing investors to price in significant risk, keeping French 10-year yields elevated and raising the threat of credit downgrades.
French 10-Year Bonds HIGH
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This Bloomberg Markets video, published August 26, 2026, features Winnie, Ven Ram, Caroline discussing NVDA, AUD, GDX, GLD, US Long Duration, TLT, French 10-Year Bonds. 5 trade ideas extracted by AI with direction and confidence scoring.

Speakers: Winnie, Ven Ram, Caroline  · Tickers: NVDA, AUD, GDX, GLD, US Long Duration, TLT, French 10-Year Bonds