Trump Claims Hormuz Control, US CPI Data on Deck | The Opening Trade 8/12/2026

It's Wednesday the 12th. Good morning. What do you need to know.Coach and super Mike gross numbers didn't disappoint overnight. That's the first thing. Take us out a particularly good night.There are conflicting reports on whether a deal is close or not to reopen the Strait of Hormuz. Brent is holding just below 90. We'll show you that in just a second.And it's inflation day in the USA. CPI drops at 830 eastern time. Well, tech has been doing some heavy lifting or at least some lifting for European equity.S ...