SQUAWK BOX, MONDAY 20TH APRIL, 2020

SQUAWK BOX, MONDAY 20TH APRIL, 2020

Reopening Row…President Trump has played down accusations from U.S. governors who say they lack the Coronavirus testing equipment to re-open their states. The May WTI contract slumps to its lowest level since 1999 on fears the U.S. is approaching peak storage capacity. The ECB is reportedly considering a European bad bank to avoid subsequent NPL crises but it faces opposition from Brussels to stick to state aid rules. Around Europe there are signs of lockdowns easing, with Germany reopening parts of its economy. Spain is extending confinement but easing restrictions while the UK cabinet is reportedly showing signs of disagreement over an exit strategy.

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Jaksot(1820)

Trump tells Americans Iran war due to end 'very shortly'

Trump tells Americans Iran war due to end 'very shortly'

President Trump addresses the nation and says the war in Iran is nearing its end but offers no hint of de-escalation, adding that the U.S. will continue to strike the country. Markets surge on the new...

2 Huhti 26min

Equities surge on renewed hops of de-escalation in the Gulf

Equities surge on renewed hops of de-escalation in the Gulf

Hopes of a de-escalation in the U.S.-Iran conflict help push all three Wall Street majors into the green with the Nikkei and Kospi leading Asian stocks gains. U.S. President Trump has indicated he is ...

1 Huhti 25min

Brent on track to post record monthly gains

Brent on track to post record monthly gains

Brent is on course for its biggest monthly gain ever but has dipped overnight after a WSJ report that President Trump could be willing to halt the conflict without reopening the Strait of Hormuz by fo...

31 Maalis 25min

Brent on course for record gains as Iran conflict enters fifth week

Brent on course for record gains as Iran conflict enters fifth week

Oil prices continue to surge as the Iran conflict enters its fifth week. Brent is set for its largest monthly gain ever with the Strait of Hormuz still largely closed. Asian markets are selling off wh...

30 Maalis 25min

Trump extends deadline to attack Iran

Trump extends deadline to attack Iran

President Trump extends his deadline for attacks on Iran's energy infrastructure until April 6th, as talks reportedly continue. The US leader insists Tehran is desperate to end the war, even as it rej...

27 Maalis 27min

Iran denies negotiations with U.S.

Iran denies negotiations with U.S.

Iran says it is reviewing a U.S. ceasefire proposal but firmly denies President Trump's claims that talks are underway with Tehran desperate to strike a deal. Stocks fall and oil rises as investors re...

26 Maalis 27min

U.S. government hands Tehran peace plan proposal

U.S. government hands Tehran peace plan proposal

The U.S. government has reportedly provided Iran with a peace proposal even though Tehran continuously denies direct talks are happening. President Trump voices optimism that a deal can be struck. Oil...

25 Maalis 35min

Iran and U.S. trade mixed messages on peace talks

Iran and U.S. trade mixed messages on peace talks

Iran denies it is in negotiations with Washington as President Trump announces he has postponed airstrikes on critical power plants and energy facilities in the country for five days and claims a peac...

24 Maalis 31min

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