SQUAWK BOX, TUESDAY 26TH MAY, 2020

SQUAWK BOX, TUESDAY 26TH MAY, 2020

A support system…the Nikkei rallies to a 10-week high after the Bank of Japan pledges to slash rates and increase asset purchases if needed, while the PBOC also vows to continue to support the Chinese economy. In Hong Kong, chief executive Carrie Lam says a new security law proposed by Beijing will not impose on the city's rights and freedoms after police used tear gas to break up weekend demonstrations over the controversial proposal. The World Health Organization temporarily halts trials of hydroxychloroquine over safety concerns, as a study suggests it increases the risk of death and heart problems. And in corporate news, Lufthansa shares soar in the close after the airline agrees a €9bn euro bailout deal that will see the German government take a 20 per cent stake in the flag carrier.

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Jaksot(1824)

Trump accuses Tehran of ceasefire breach

Trump accuses Tehran of ceasefire breach

U.S. President Trump accuses Tehran of not honouring the ceasefire with the Strait of Hormuz remaining firmly shut. Israel has said it was willing to hold peace talks with Lebanon, despite continuing ...

10 Huhti 27min

Iran blames U.S. for ceasefire cracks

Iran blames U.S. for ceasefire cracks

Iran accuses the U.S. of violating the new ceasefire agreed on Tuesday with Israel continuing to target Hezbollah sites in Lebanon. U.S. Vice-President JD Vance is to lead peace talks in Islamabad, Pa...

9 Huhti 27min

U.S. and Iran agree to two-week ceasefire

U.S. and Iran agree to two-week ceasefire

President Trump announces that the U.S. and Iran have agreed to a two-week ceasefire on the condition Tehran opens the Strait of Hormuz to commercial shipping. WTI and Brent sink back under the $100-m...

8 Huhti 27min

Trump deadline to reopen Strait of Hormuz ticks down

Trump deadline to reopen Strait of Hormuz ticks down

U.S. President Donald Trump has cranked up the pressure on the Iranian regime to strike a deal to reopen the Strait of Hormuz, threatening to target civilian and energy infrastructure should tonight’s...

7 Huhti 26min

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

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