# UBS On-Air: Paul Donovan Daily Audio 'Little of substance'

Page: https://stenobird.com/podcast/ubs-on-air-market-moves-2992243/ubs-on-air-paul-donovan-daily-audio-little-of-substance
Text version: https://stenobird.com/podcast/ubs-on-air-market-moves-2992243/ubs-on-air-paul-donovan-daily-audio-little-of-substance.md
Podcast: [UBS On-Air: Market Moves](https://stenobird.com/podcast/ubs-on-air-market-moves-2992243)
Published: 2026-06-19T07:18:00+00:00
Episode link: https://www.ubs.com/content/dam/podcasts/wma/260619-little-of-substance.mp3
Audio file: https://www.ubs.com/content/dam/podcasts/wma/260619-little-of-substance.mp3
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JSON: https://stenobird.com/v1/public/podcasts/ubs-on-air-market-moves-2992243/episodes/ubs-on-air-paul-donovan-daily-audio-little-of-substance
Duration seconds: 158

## Resource

Yesterday, US Vice-President Vance denied being the “fall guy” for the position the US finds itself in with Iran, but has chosen not to fly to Switzerland for talks at the moment. Markets assume delayed negotiations would just extend the ceasefire, and are fixated on the volume of shipping (and oil) through Hormuz.

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## Transcript

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