WorldIran Strikes ‘Hostile Targets’; Yen Weakens Past 158 | The Asia Trade 8/7/2026

Bloomberg Television’s “The Asia Trade” broadcasts live from Tokyo and Sydney ahead of the Asian trading day. The program highlights a report from Fars that Iran struck what it called “hostile targets” in the Strait of Hormuz. Markets in Asia are expected to open mixed as concern over tensions involving the United States and Iran weighs on sentiment. The yen has weakened beyond 158, adding a currency-market focus to the program’s coverage.