SQUAWK BOX, MONDAY 8TH JUNE, 2020

SQUAWK BOX, MONDAY 8TH JUNE, 2020

Something to work on… Asian markets rise on an unexpected jump in U.S. employment but questions linger over whether misclassifications kept the unemployment rate lower in May. In energy news, oil rallies following an OPEC+ agreement to extend output cuts. Chinese exports for May fall unexpectedly, while imports plunge in their sharpest decline in four years. Protests continue across the U.S., with Washington D.C. seeing the largest Black Lives Matter demonstration to date. And in the UK, British Airways, EasyJet and Ryanair make a legal challenge against the government’s 14-day Coronavirus quarantine policy.

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Jaksot(1824)

Asian stocks rapidly rebound following Wednesday's slump

Asian stocks rapidly rebound following Wednesday's slump

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5 Maalis 27min

ROK's Kospi suffers worst market session ever

ROK's Kospi suffers worst market session ever

Equity markets in Asia nose-dive with South Korea’s Kospi posts its worst session in history. Conflict in the Middle East intensifies fears of inflation causing investors to dump tech and semiconducto...

4 Maalis 27min

U.S. ramps up strikes on IRGC sites

U.S. ramps up strikes on IRGC sites

The U.S. strikes at more than 1,000 Iranian sites including IRGC facilities while Tehran retaliates by hitting the U.S. embassy in Riyadh. President Trump says he is prepared to extend the conflict if...

3 Maalis 29min

U.S.-Israeli strikes on Iran intensify

U.S.-Israeli strikes on Iran intensify

U.S. and Israeli strikes on Iran intensify as Tehran retaliates hitting targets across the region including American and British bases. President Trump says the attacks could last for several weeks. C...

2 Maalis 33min

Greens deal major blow to UK's Starmer with Manchester by-election victory

Greens deal major blow to UK's Starmer with Manchester by-election victory

The Green Party wins the Gorton and Denton by-election in Greater Manchester with Labour coming a distant third. The result will pile more pressure and scrutiny on Prime Minister Sir Keir Starmer ahea...

27 Helmi 45min

Nvidia posts blockbuster quarter but markets remain cautious

Nvidia posts blockbuster quarter but markets remain cautious

Amid continuing A.I.-related jitters, Nvidia posts another set of stellar quarterly results but Salesforce disappoints with revenue forecasts coming in below analysts’ expectations. However, both comp...

26 Helmi 26min

Trump hails U.S. economy during record SOTU address

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President Trump delivers the longest SOTU speech in history to defend his second-term record. Trump highlighted progress made on the economy and hailed the ‘golden age’ of America. Several new tech pa...

25 Helmi 25min

A.I. jitters prompt fresh Wall Street tech sell-off

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Wall Street suffers another A.I.-fueled sell-off with enterprise software and private capital leading losses. Investors’ fears reappear following the unveiling of a new Anthropic programming language ...

24 Helmi 30min

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