US & Iran Spar Over Talks & Trump-Xi To Hold Summit in May | Daybreak Europe 3/26/2026

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, US President Trump is insisting that Iran is negotiating and desperate to make a deal to end the war, even as Tehran publicly rejects Washington’s outreach and issues conditions of its own.

President Trump will travel to China for a summit with President Xi Jinping between May 14-15. Asked if that means Trump will look to wind down the war by then, White House Press Secretary Karoline Leavitt said the administration has “always estimated approximately four-to-six weeks” for the conflict.

The wars in Iran and Ukraine are expected to dominate today’s meeting of G-7 Foreign Ministers in France. Ministers from Kyiv, India and Saudi Arabia are also expected to join the talks, as the group tries to narrow its differences over the Middle East war.

Today’s guest: Lale Akoner, eToro, Global Market Analyst

Chapters:
00:00:00 – Daybreak Europe – 3/26/2026
00:03:00 – Trump: Iran Is Negotiating
00:06:08 – Trump, Xi Set May Summit
00:07:31 – Iran Drafts Law To mImpose Hormuz Toll
00:10:03 – G-7 Meets in France
00:13:48 – Asia Stocks Snap Two Days of Gains
00:16:34 – Miran: Moved Rate Projection Higher
00:19:13 – Blankfein: We’re In an Unresolved Crisis
00:21:31 – US Airport Wait Times Worst in History
00:21:56 – Danish Coalition-Building Talks Start
00:22:16 – UK To Intercept Russian “Shadow Fleet” Ships
00:25:45 – Front Page News
00:27:18 – Pistorius: War is Catastrophe for World Economy
00:33:30 – Ares Private Credit Fund Posts Record Monthly Loss
00:37:21 – Earnings: Hapag-Lloyd
00:38:30 – Apple Rolls Out Age Verification
00:38:54 – Meta Cuts Jobs
00:39:13 – Henkel To Near Deal for Olaplex
00:39:47 – Slovakia Aims To Be Ammo Powerhouse
00:44:59 – Chart Talk
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