SQUAWK BOX, TUESDAY 23RD JUNE, 2020

SQUAWK BOX, TUESDAY 23RD JUNE, 2020

Mixed messages: White House trade advisor Peter Navarro is forced to backtrack, saying the US-China trade deal is not over after his earlier comments suggesting the agreement was “off” hit markets. Apple plans to switch to its own chips for Macs, ending a 15-year relationship with Intel. The tech giant's CEO Tim Cook tells developers it's a huge leap in how the company powers its products. Meanwhile in Japan, Softbank sheds its shares in T-Mobile, selling 21 billion dollars worth of stock, as it divests two-thirds of its stake in a bid to raise funds for its buyback and debt draw-down plans. And finally in Europe, another deal attracts another investigation. The European Commission launches a 4-month anti-trust probe into LSE's 27 billion dollar bid for Refinitiv, amid competition concerns over the exchange mega-merger.

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Jaksot(1821)

Oil markets on high alert despite record IEA stockpile release

Oil markets on high alert despite record IEA stockpile release

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Oil whipsaws on tanker escort confusion

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Trump hints at oil sanctions relief to aid global markets

Trump hints at oil sanctions relief to aid global markets

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Oil volatility pushes prices past $100bbl mark

Oil volatility pushes prices past $100bbl mark

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Washington and Tehran at odds over negotiation claims

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After six days of conflict in the Middle East, President Trump says the Iranian regime is desperate to end the fighting but the country’s foreign minister, Abbas Araghchi, refutes the claims. Washingt...

6 Maalis 27min

Asian stocks rapidly rebound following Wednesday's slump

Asian stocks rapidly rebound following Wednesday's slump

Global equities stage an impressive comeback as traders absorb fears about the conflict in Middle East. Tech and chip stocks lead the way in Asia with South Korea’s Kospi rebounding to potentially pos...

5 Maalis 27min

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4 Maalis 27min

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