Starmer's Make-or-Break Speech, Hormuz Strait Stalemate | The Opening Trade 5/11/2026
Bloomberg Television·2026-05-11 11:37
Good morning. It's Monday once again. May the 11th.Here's what's on our agenda. Oil and yields climb again as President Trump rejects Iran's latest offer. Cam Trump's visit to China this week break the deadlock over the Middle East.And gilt markets are watching Prime Minister Starmer today. Can his speech save his job. Okay let's look at these markets Monday morning.No deal over the weekend on Iran. Brent crude is up by nearly 4%. A tech trade does not care.The Colts beat up 4.4%. The semiconductor story ro ...