Iran War: Stocks Build on Gains as Traders Await Truce Update | The Opening Trade 5/7/2026

Posted on 05/07/2026
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Global equities have shaken off their war-driven losses as optimism for a resolution to the conflict added momentum to a rally that’s been powered by revived expectations for artificial intelligence. The resumption of oil flows through Hormuz would also reduce risks around the war’s economic impact.

The Opening Trade has everything you need to know as markets open across Europe. With analysis you won't find anywhere else, we break down the biggest stories of the day and speak to top guests who have skin in the game. Hosted by Anna Edwards, Guy Johnson and Tom Mackenzie.



Chapters:

00:00:00 - The Opening Trade

00:00:36 - Market Check

00:01:17 - Iran Wants to Make a Deal: Trump

00:04:44 - Maersk Earnings

00:06:05 - Shell Announces Share Buyback

00:07:07 - AI Demand, Tech Stock Rally

00:08:55 - Hantavirus Patients Evacuated

00:09:23 - US Begins Paying Tariff Refunds

00:09:45 - GameStop CEO Says Ebay Account Suspended

00:13:03 - Maersk CEO on Iran War

00:25:55 - Vestas Wind Systems CEO

00:38:08 - Oil Price, Brent Crude Levels

00:47:38 - Stocks to Watch: Oil Stocks, Maersk, Bouygues

01:04:10 - Pandora CEO on Silver Prices

01:12:08 - Riksbank Leaves Rates Unchanged

01:20:33 - Quantum Motion CEO

01:28:50 - Shell Says Profits Rise

01:33:27 - S&P Futures

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