US-Iran Ceasefire Remains Fragile; Starmer Intends to Stay as PM; CPI | Bloomberg Brief 5/12/2026

Oil rises and US equity futures fall as President Trump says the ceasefire between the US and Iran is on "life support." UK Prime Minister Keir Starmer tells his Cabinet he will not step down without a fight and intends to stay in power. John Cortese of Apollo Asset Management discusses the credit market with Bloomberg’s Francine Lacqua at the JPMorgan Global Markets Conference. Kallum Pickering of Peel Hunt looks ahead to the CPI data. Matt Sause, CEO of Roche Diagnostics, joins as the firm’s blood test for Alzheimer’s disease wins EU approval.

Chapters:
00:00:00 – Bloomberg Brief
00:00:47 – Global Market Check
00:03:26 – First Look Movers
00:12:55 – Trending on the Terminal
00:14:20 – John Cortese, Apollo Head of Portfolio Management
00:22:30 – First Look Movers
00:24:08 – Kallum Pickering, Peel Hunt Chief Economist
00:30:49 – Trending on the Terminal
00:34:58 – Matt Sause, Roche Diagnostics CEO
00:41:48 – What to Watch
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