Oil Slides as Trump Indicates End to War Soon | The Opening Trade 3/10/2026
European markets were lifted at the open and oil slid after US President Donald Trump predicted the war with Iran would resolve “very soon.” Trump insisted the operation was ahead...
By Bloomberg Markets · Bloomberg Markets
European markets were lifted at the open and oil slid after US President Donald Trump predicted the war with Iran would resolve “very soon.” Trump insisted the operation was ahead of schedule and signaled that he will waive some sanctions on oil to boost supply and bring down prices. Elsewhere in markets, Hugo Boss posted a profit and sales beat with the shares rising as much as 7%, while UK homebuilder Persimmon shares rose as much as 12%, the most since April 2020, as the company's full-year results proved better than expected. 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, Lizzy Burden and Tom Mackenzie. (Source: Bloomberg)