Trump Spurns Iran’s Latest Offer, OpenAI Scraps Debut of AI Model

0 September 29, 2026 09:01

The selloff in the US bond market deepened on Monday after President Donald Trump rejected Iran’s latest proposal to reopen the Strait of Hormuz, threatening to prolong the war’s energy shock.

OpenAI is holding back a version of its Astra model while it establishes stronger safeguards for artificial intelligence development, flagging heightened risks after a spate of recent rogue AI hacking incidents.

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
00:00:32 – Market Check
00:04:53 – Treasuries Stabilize After Selloff
00:04:54 – OpenAI Scraps New Model, Nvidia New Security System
00:07:42 – Burnham Speech at UK Labour Conference
00:11:39 – UK’s Healey Pledges Fiscal Restraint
00:25:38 – Higher Yields to Slow Growth: ECG’s Lagarde
00:42:24 – Stocks Battling AI Safety Headwind: MLIV
00:47:44 – Stocks to Watch: Julius Baer, French Infrastructure, Lindt
01:03:49 – Julius Baer Stock
01:10:27 – Spanish Inflation Unexpectedly Rose
01:14:16 – OpenAI Scraps Astra Debut
01:27:33 – UK Labour Party Conference
01:32:00 – JGB Outperformance Likely to Continue: MLIV
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