Iran War: US & Iran Pause Strikes, Energy Prices Fall | Daybreak Europe 7/27/2026

Watch on YouTube ↗  |  July 27, 2026 at 06:47  |  45:38  |  Bloomberg Markets
Speakers
Iryna — Lead Analyst, Global Gas Markets, Bloomberg NEF
Ven — Cross-Asset Strategist, Bloomberg MLIV
Jensen Huang — CEO, NVIDIA
Shriya Samarth — EMEA Head of Rates, StoneX
Head of Equity Research — Unnamed Indian Equity Analyst
Chloe — Equity Specialist

Summary

The U.S. and Iran pause military strikes, causing oil prices to drop sharply and easing inflation fears. The AI trade faces a pivotal week with mega-cap tech earnings, while European natural gas remains elevated on Strait of Hormuz disruptions. Jensen Huang sees a golden age for Korean semiconductors as NVIDIA deepens ties, and central bank decisions (Fed, BOE) are eyed for hawkish signals.

  • Oil drops as US-Iran pause strikes, Brent falls back below $90 after briefly topping $100 last week
  • Chinese chipmaker CXMT surges 530% in Shanghai debut in China's second-largest IPO ever
  • European natural gas elevated as Strait of Hormuz disruption slows LNG flows and storage refill risks mount
  • Fed and Bank of England rate decisions this week with markets pricing hawkish hold and possible hikes later
  • Big Tech earnings from Microsoft, Meta, Apple, Amazon, SK hynix, Samsung set to test AI investment thesis
  • NVIDIA CEO Jensen Huang calls it a 'golden age' for Korea on booming semiconductor and AI infrastructure demand
  • European equities face a tough earnings season with high bars and an asymmetric downside for misses
Ideas
Ven Cross-Asset Strategist, Bloomberg MLIV 11:41
U.S. AI stocks face near-term weakness
U.S. AI stocks and semiconductors are likely to underperform in the near term. AI valuations have soared, the semiconductor sector has seen very little inflows this month, investors are realizing the rally cannot continue forever, and there is no meaningful sign that the rotation out of semiconductors is over yet.
U.S. AI Stocks SMH MED
Iryna Lead Analyst, Global Gas Markets, Bloomberg NEF 19:39
European gas prices staying elevated
European natural gas prices will remain elevated because LNG flows through the Strait of Hormuz are disrupted (the route carries 20% of global LNG), European storage is only 50% full which is low for this time of year, the region must compete with Asian buyers for available LNG, and the phase-out of Russian LNG will force even greater reliance on global supplies. The futures curve shows summer prices higher than winter prices, pricing in higher near-term risk.
UNG HIGH
Jensen Huang CEO, NVIDIA 39:52
Korea's semiconductor golden age
Korea is experiencing a golden age. Its semiconductor and industrial businesses are booming, and the country has the ability to help the world build out AI infrastructure. NVIDIA is deepening partnerships (e.g., with SK Group), investing in Korea's leading AI cloud (Naver), and expects the global semiconductor industry to grow 10x over the next decade, which will benefit Korean chipmakers and the broader Korean economy.
EWY HIGH
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This Bloomberg Markets video, published July 27, 2026, features Ven, Iryna, Jensen Huang discussing U.S. AI Stocks, SMH, UNG, EWY. 3 trade ideas extracted by AI with direction and confidence scoring.

Speakers: Ven, Iryna, Jensen Huang  · Tickers: U.S. AI Stocks, SMH, UNG, EWY