US Awaits Iran's Response; China Asks Banks to Pause New Refiner Loans | Bloomberg Brief 5/7/2026
Bloomberg Television·2026-05-07 11:07
VONNIE: IS 5:00 A. M. IN NEW YORK CITY, 10:00 A.M. IN LONDON. I AM VONNIE QUINN IN NEW YORK CITY.THE U.S. AWAITING A RESPONSE FROM IRAN TO A PROPOSED PLAN THAT WOULD GRADUALLY REOPEN THE STRAIT OF HORMUZ. OPTIMISM LIVING STOCKS AGAIN TODAY AFTER BACK-TO-BACK RECORDS. BRENT CRUDE ALSO FALLING FOR A THIRD DAY.CHINA'S BALANCING ACT AHEAD OF THE TRUMP-XI SUMMIT HAS REGULATORS PAUSING TO FIRMS. LET'S GET A CHECK ON HAS BEEN HAPPENING IN THE LAST FEW HOURS. >> A NICE UPDATE HERE IN ASIA.MOSTLY DRIVEN BY JAPAN, WH ...