Top US and Russian officials hold talks in Saudi Arabia, following a phone call between presidents Donald Trump and Vladimir Putin on finding ways to resolve the war, but Ukraine was not invited. Europe’s Stoxx 600 index was steady after Monday’s rally, though defense stocks surged further, with Rheinmetall, SAAB and Dassault Aviation reaching new record highs. The war in Ukraine continues to dominate markets in Europe as traders await details on new defense funding measures and officials in the region fume after being excluded from US-Russia talks in Saudi Arabia.
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 Kriti Gupta, Tom Mackenzie and Lizzy Burden.
Chapters:
00:00:00 – Opening Trade
00:02:37 – UK Labor Market, Employment Rises
00:04:29 – Europe Divided over Keir Starmer Sending Troops to Ukraine
00:05:48 – Emmanuel Macron Says Russia Needs to End Aggression
00:08:16 – China: Open to Talks to End War in Ukraine
00:10:55 – Delta Plane Crashes and Flips Over at Toronto
00:12:15 – BHP’s Profit Slumps on Weak Iron Ore Demand
00:14:51 – Defense Stocks Surge Again on War Negotiations
00:23:33 – Russia, US Delegations Meeting in Riyadh
00:27:00 – UK Pay Growth May Cause Proble for Bank of England
00:37:05 – Options Beyond US Tech Stocks
00:45:36 – European Markets Open
00:50:16 – Stocks to Watch: Miners, IHG, BT
01:04:18 – BHP CEO: ‘Green Shoots’ for China Property
01:09:39 – Grok3: Elon Musk Says Has ’10X’ Power of Predecessor
01:11:41 – EU Summit in France to Discuss War
01:23:40 – Germany is Not Doing Enough on Defense – Guntram Wolff
01:32:40 – Trump, Putin Teams Talk in Saudi
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