SQUAWK BOX, FRIDAY 22ND MAY, 2020

SQUAWK BOX, FRIDAY 22ND MAY, 2020

Hong Kong havoc…protests erupt in the territory after Beijing announces it will be imposing new security legislation at the beginning of the National People’s Congress. The tensions prompt the Hang Seng to fall nearly 5 per cent, weighing on other Asian markets. President Trump has vowed firm action if the law goes ahead. Also at the NPC, Premier Li Keqiang says the government has dropped its growth target for 2020, citing economic uncertainty due to the Coronavirus outbreak. Facebook founder Mark Zuckerberg has said that those working from home – up to 50 per cent of employees - will continue to do so permanently but those moving away from Silicon Valley would face pay cuts.

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Jaksot(1821)

UK GDP defies forecasts to return to growth in November

UK GDP defies forecasts to return to growth in November

UK GDP figures for November beat expectations to come in 0.3 per cent higher month-on-month and 1.4 per cent year-on-year. Denmark and EU allies boost their troop presence in Greenland as talks in Was...

15 Tammi 26min

U.S. Core CPI bucks estimates in December

U.S. Core CPI bucks estimates in December

U.S. core inflation data for December dips slightly below forecasts with hopes it may have peaked. President Trump once again lashes out at Federal Reserve chairman Jerome Powell over interest rate cu...

14 Tammi 28min

Powell probe prompts Fed pushback

Powell probe prompts Fed pushback

All former living Federal Reserve Chairs sign a joint condemnation of the federal criminal investigation into current chairman Jerome Powell. UBS CEO Sergio Ermotti is reportedly eyeing an exit from t...

13 Tammi 26min

U.S. DoJ launches criminal probe into Fed's Powell

U.S. DoJ launches criminal probe into Fed's Powell

Federal Reserve Chairman Jerome Powell is under federal criminal investigation amid the central bank’s $2.5bn building renovation. Powell blamed President Trump behind the move and warned that the ind...

12 Tammi 28min

Investors await U.S NFP data

Investors await U.S NFP data

European equities are starting the day in the green with attention focusing on the U.S. non-farm payroll print out later today, as well as a crucial Supreme Court ruling on tariffs. Chinese December i...

9 Tammi 31min

U.S. Venezuela Oil Plan

U.S. Venezuela Oil Plan

The U.S. administration says it will control Venezuela's oil sales indefinitely, with Energy Secretary Chris Wright telling CNBC the plan is needed to drive change in the country. European stocks look...

8 Tammi 27min

Geopolitics, Oil, Nvidia

Geopolitics, Oil, Nvidia

Crude prices slip as President Trump says Venezuela will give up to 50 million barrels of oil to the U.S., and that he will control the proceeds. Trump says he has asked Energy Secretary Chris Wright ...

7 Tammi 26min

Geopolitical tensions dominate markets

Geopolitical tensions dominate markets

European stocks line up another day in the green - the benchmark Stoxx 600 hitting a new high in Monday's session, and the Dow Jones notching a fresh record stateside. This, in the shadow of rising ge...

6 Tammi 30min

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