Prime Minister Mark Carney’s government sees little chance of resuming talks with President Donald Trump before the midterm elections after trade negotiations collapsed, according to people familiar with the matter.
Iran’s currency weakened to an all-time low against the dollar amid a mounting US campaign to cripple the country’s economy after almost six months of war. The rial was trading at 1.992 million per dollar on the unregulated market on Monday, according to data from tracking website Bonbast, down 4.5% since US President Donald Trump announced a “crushing economic operation” against Tehran last week.
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 Anna Edwards, Guy Johnson and Tom Mackenzie.
Chapters:
00:00:00 – The Opening Trade | 8/24/2026
00:01:11 – Markets on Watch for Bessent, Warsh Guidance
00:04:18 – Canada Sees Long Trade War with US
00:06:41 – AI Trade Under Pressure Ahead of Nvidia Results
00:11:21 – Alibaba Raises $10B in Record HK Share Sale
00:12:59 – Nvidia Customers Notified About Price Hikes
00:15:16 – Gautham Samarth of M&G Investments
00:21:08 – Need To Know: Shein, Italian Diesel, UK’s Burnham
00:25:23 – Pooja Kumra of TD Securities
00:35:07 – US Set To Unveil Plan To Choke Iran’s Economy
00:39:16 – MLIV
00:42:59 – Stocks To Watch
00:47:26 – The Market Open
00:50:14 – Richard Saldanha of Aviva Investors
00:58:57 – Core 6 & Movers
01:02:25 – US & Canada Head Into Trade War
01:07:47 – Banca Generali Evaluating Monte Paschi Takeover Bid
01:13:52 – Europe’s Shifting Defense Landscape
01:19:10 – MilDef CEO Daniel Ljunggren
01:25:49 – Bessent Vows ‘Economic D-Day’ for Iran
01:27:54 – China ‘Closely Monitoring’ Mideast Situation
01:30:32 – Oil Declines Ahead of Iran Plan
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