Trump Signs Iran MoU, Warsh Rocks Bond Market in Debut | The Opening Trade 6/18/2026

President Donald Trump and his team had several red lines that they used to justify the US war against Iran. At a press conference on Wednesday, Trump largely brushed them aside. Traders dumped short-term Treasuries and piled into betting on interest rate hikes as soon as next month after Kevin Warsh used his debut press conference as Federal Reserve chairman to make clear the central bank won’t tolerate high inflation. 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 00:00:55 - Market Check 00:02:38 - US-Iran Deal Takes Effect 00:05:32 - Fed's Kevin Warsh's Test 00:08:03 - Kospi All-time High, Tech Stocks 00:09:37 - UK Wages 00:11:36 - Kevin Warsh on Fed Objective 00:22:25 - Tankmaker KNDS on Cusp of IPO Decision 00:22:56 - Macon Leads G7 Talks on AI Access 00:29:09 - Warsh Eliminates Fed Forward Guidance 00:34:23 - Will Bomb Iran if Agreement Not Honored: Trump 00:47:45 - Stocks to Watch: Volkswagen, Tesco, BE Semi 01:04:57 - Vivatech: Pigment Co-Founder & Co-CIO 01:17:58 - Qantas CEO Vanessa Hudson on 22-Hour Flight 'Project Sunrise' 01:26:59 - Vivatech: General Catalyst President and Managing Director 01:34:59 - Fed First Meeting Under Kevin Warsh -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X:   / bloombergtv   Facebook:   / bloombergtelevision   Instagram:   / bloombergtv   Connect with Bloomberg Business on: X:   / business   Facebook:   / bloombergbusiness   Instagram:   / bloombergbusiness   TikTok: https://www.tiktok.com/@bloombergbusi... Reddit:   / bloomberg   LinkedIn:   / bloomberg-news   More from Bloomberg: Bloomberg Radio:   / bloombergradio   Bloomberg Surveillance:   / bsurveillance   Bloomberg Politics:   / bpolitics   Bloomberg Originals:   / bbgoriginals   Watch more on YouTube: Bloomberg Technology:    / @bloombergtechnology   Bloomberg Originals:    / @business   Bloomberg Quicktake:    / @bloombergquicktake   Bloomberg Espanol:    / @bloomberg_espanol   Bloomberg Podcasts:    / @bloombergpodcasts