US & Iran Weigh Potential Deal to End War as Trump Seeks Offramp | Daybreak Europe 5/7/2026

Posted on 05/07/2026
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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, the US and Iran are considering a fresh proposal to end the war, as the US President searches for an exit from the conflict. Donald Trump says Iran has agreed that it cannot have a nuclear weapon, though Iranian state media have signaled that parts of the US proposal are unrealistic.

Bloomberg understands that China has told its biggest banks to suspend new loans to five refiners sanctioned by the US - reversing guidance from just four days ago.

Plus the German maker of medical equipment, Siemens Healthineers, cuts its full-year comparable sales forecast, saying the weaker outlook reflects structural changes in China's diagnostics market, along with stronger inflation pressures.

Today's guest: Bernd Montag, Siemens Healthineers, CEO.

Correct: Video edited at 00;01;20 to reflect German factory orders in graphic.
Correct: Video edited at 00;39;19 to replace incorrect graphic.



Chapters:

00:00:00 - Daybreak Europe - 5/7/2026

00:02:13 - Asian Stocks Hit Record

00:05:52 - US, Iran Weigh Potential Deal

00:09:55 - Global Bonds Rally

00:12:55 - Siemens Heathineers CEO Bernd Montag

00:20:08 - Trump-Xi Summit Scheduled for May 14-15

00:21:50 - UK Elections / Greer / US Tariff Refunds

00:25:44 - Front Page News

00:27:11 - Long-End Bonds To Decline Despite Peace Hope

00:33:58 - Phone Market Weakness

00:35:51 - Bloomberg Tech Europe: Wayve

00:40:30 - Maersk Reports Amid Iran War

00:44:40 - Chart Talk

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