Trump Says End To Iran War in Sight & Hermès Falls Most on Record | The Pulse 4/15

US President Donald Trump has played down the prospect of renewed fighting in the war with Iran, boosting market optimism and restoring some stability to global energy prices. Bloomberg has learned the US and Iran are looking to arrange a second round of peace talks in the coming days.

Hermès shares tumbled as the disruption from the conflict in the Middle East crimped the Birkin bag maker’s sales growth, mirroring the trend at many of its rivals in the luxury goods industry.

ASML raised its full-year sales forecast as the surge in global artificial intelligence spending fuels semiconductor production and boosts demand for the company’s advanced chipmaking machines.

Today's guests: Laurent Ramsey, Managing Partner at the Pictet Group and Chairman of Pictet Asset Management; Burcu Ozcelik, RUSI Senior Research Fellow for Middle East Security & Greg Fleming, President and CEO of Rockefeller Capital Management.

Chapters:
00:00:00 - The Pulse
00:00:26 - US, Iran seek ceasefire talks amid Hormuz blockade
00:00:57 - Israel, Lebanon begin talks to defuse war with Hezbollah
00:03:41 - Tanker passed Hormuz, reached Iranian waters: Fars
00:06:08 - ECB's Lagarde on Iran war economic impacts and growth outlook
00:08:53 - Laurent Ramsey, Managing Partner at the Pictet Group and Chairman of Pictet Asset Management
00:17:10 - Hochstein: Iran won't give up Strait of Hormuz
00:17:56 - US, Iran seek ceasefire talks amid Hormuz blockade
00:18:11 - Burcu Ozcelik, RUSI Senior Research Fellow for Middle East Security
00:23:58 - Wednesday headlines
00:24:43 - UBS CEO Ermotti to lead through capital reforms, Kelleher says
00:25:50 - Commerzbank, UniCredit at odds over valuation
00:27:36 - US banks report strong earnings
00:32:54 - Greg Fleming, President and CEO of Rockefeller Capital Management
00:41:41 - ASML raises 2026 sales forecast
00:44:26 - Hermes falls most on record as sales disappoint
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