Your morning briefing. All the news you need to start your day.

On today's podcast:

(1) Oil advanced for a sixth day on skepticism about the prospects for a deal that would restore energy flows through the Strait of Hormuz, despite an upbeat assessment from some officials.

(2) Pakistan’s defense minister said the US and Iran are “close to some sort of arrangement” over the Strait of Hormuz, even after both sides appeared to toughen their positions in the long-deadlocked negotiations. 

(3) The yen edged closer toward a key level against the dollar, raising concerns over Japanese authorities stepping in again to prop up the currency. 

(4) CoreWeave, a provider of computing that powers artificial intelligence systems, soared in late trading after the AI spending frenzy spurred faster sales growth than anticipated. 

(5) Night will fall on Europe’s power system a bit early Wednesday evening, as an eclipse is set to block solar generation across parts of the UK and western Europe.

(6) Around 90,000 of London’s white-collar jobs are poised to transfer to other parts of the UK over the next five years, as Prime Minister Andy Burnham’s devolution drive and the capital’s cost pressures encourage businesses to shift work elsewhere.

Podcast Conversation: Curry Dish, Not Big Mac, Captures Just How Weak Yen Is, BNY Says

Your morning briefing. All the news you need to start your day. On today's podcast: (1) Oil advanced for a sixth day on skepticism about the prospects for a deal that would restore energy flows through the Strait of Hormuz, despite an upbeat assessment from some officials. (2) Pakistan&rsquo;s defense minister said the US and Iran are &ldquo;close to some sort of arrangement&rdquo; over the Strait of Hormuz, even after both sides appeared to toughen their positions in the long-deadlocked negotiations. (3) The yen edged closer toward a key level against the dollar, raising concerns over Japanese authorities stepping in again to prop up the currency. (4) CoreWeave, a provider of computing that powers artificial intelligence systems, soared in late trading after the AI spending frenzy spurred faster sales growth than anticipated. (5) Night will fall on Europe&rsquo;s power system a bit early Wednesday evening, as an eclipse is set to block solar generation across parts of the UK and western Europe. (6) Around 90,000 of London&rsquo;s white-collar jobs are poised to transfer to other parts of the UK over the next five years, as Prime Minister Andy Burnham&rsquo;s devolution drive and the capital&rsquo;s cost pressures encourage businesses to shift work elsewhere. Podcast Conversation: <a href="https://www.bloomberg.com/news/articles/2026-08-12/curry-dish-not-big-mac-captures-just-how-weak-yen-is-bny-says">Curry Dish, Not Big Mac, Captures Just How Weak Yen Is, BNY Says</a>

Bloomberg Daybreak Europe is the daily morning podcast that helps you understand the stories shaping Europe and the world before the day gets going.

Produced in the early hours each weekday, the show delivers fresh reporting, sharp analysis and clear context on politics, business and global markets by 7am London time. From decisions made in Brussels and London to developments across the global economy, Daybreak Europe connects the dots between power, policy and money.

Hosted by Stephen Carroll in Brussels and Caroline Hepker in London, and powered by Bloomberg’s global network of more than 3,000 journalists and analysts, the podcast goes beyond headlines to explain what is changing, why it matters and what could come next.

Trusted by professionals, business leaders and investors, but made for anyone curious about how economics and politics shape everyday life, Bloomberg Daybreak Europe is the essential way to start your morning informed and ahead.

Bloomberg Daybreak Europe is the daily morning podcast that helps you understand the stories shaping Europe and the world before the day gets going.
Produced in the early hours each weekday, the show delivers fresh reporting, sharp analysis and clear context on politics, business and global markets by 7am London time. From decisions made in Brussels and London to developments across the global economy, Daybreak Europe connects the dots between power, policy and money.
Hosted by Stephen Carroll in Brussels and Caroline Hepker in London, and powered by Bloomberg&rsquo;s global network of more than 3,000 journalists and analysts, the podcast goes beyond headlines to explain what is changing, why it matters and what could come next.
Trusted by professionals, business leaders and investors, but made for anyone curious about how economics and politics shape everyday life, Bloomberg Daybreak Europe&nbsp;is the essential way to start your morning informed and ahead.

Bloomberg Daybreak: Europe Edition

$150 Oil Now Possible, Solar Eclipse Power Shift, Bankers Leaving London

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/db0e0f80-9413-4adb-8b5b-b4a40064cdcc/transcript