Iran War: Trump Pauses Plan to Guide Ships in Hormuz, Seeks Iran Deal | Daybreak Europe 5/6/2026

Posted on 05/06/2026
|

Bloomberg Daybreak Europe is your essential morning viewing to stay ahead. Live from London, we set the agenda for your day, catching you up with overnight markets news from the US and Asia. And we'll tell you what matters for investors in Europe, giving you insight before trading begins.

On today's show, President Trump says the US plan to guide stranded ships through the Strait of Hormuz is being paused to see if an agreement can be reached with Iran to end the war.

Iran's Foreign Minister Abbas Araghchi is in Beijing, where he's held talks with Chinese Foreign Minister Wang Yi. The meeting comes just days before Donald Trump is scheduled to arrive in the Chinese capital.

Plus, a busy day for earnings: Novo Nordisk has nudged its sales forecast higher, lifted by its new Wegovy pill. The German chipmaker Infineon has given a better-than-expected revenue forecast, as it benefits from the AI spending boom. And BMW's carmaking returns fell in the first quarter, hit by intense competition in China.

Today's guests: Oliver Dörre, Hensoldt, CEO; Torgrim Reitan, Equinor, CFO & Sven Schneider, Infineon, CEO



Chapters:

00:00:00 - Daybreak Europe - 5/6/2026

00:03:35 - Trump Shelves Hormuz Plan

00:07:49 - Yen Rallies

00:10:05 - S&P 500 New Record High

00:12:51 - Hensoldt CEO Oliver Dörre

00:20:55 - AMD Leading Challenger To Nvidia

00:27:22 - Equinor CFO Torgrim Reitan

00:34:03 - Infineon CFO Sven Schneider

00:39:34 - Novo Nordisk Earnings Analysis

00:42:53 - Other Top Stories: BOF / Romania / Germany

00:44:59 - Chart Talk

--------

More on Bloomberg Television and Markets



Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9

Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more.



Connect with Bloomberg Television on:

X: https://twitter.com/BloombergTV

Facebook: https://www.facebook.com/BloombergTelevision

Instagram: https://www.instagram.com/bloombergtv/



Connect with Bloomberg Business on:

X: https://twitter.com/business

Facebook: https://www.facebook.com/bloombergbusiness

Instagram: https://www.instagram.com/bloombergbusiness/

TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en

Reddit: https://www.reddit.com/r/bloomberg/

LinkedIn: https://www.linkedin.com/company/bloomberg-news/



More from Bloomberg:

Bloomberg Radio: https://twitter.com/BloombergRadio



Bloomberg Surveillance: https://twitter.com/bsurveillance

Bloomberg Politics: https://twitter.com/bpolitics

Bloomberg Originals: https://twitter.com/bbgoriginals



Watch more on YouTube:

Bloomberg Technology: https://www.youtube.com/@BloombergTechnology

Bloomberg Originals: https://www.youtube.com/@business

Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake

Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol

Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts