SQUAWK BOX, FRIDAY 24TH JUNE, 2022

SQUAWK BOX, FRIDAY 24TH JUNE, 2022

U.S. Federal Reserve chairman Jerome Powell faces the House Financial Services Committee and admits that he had underestimated inflation. Lawmakers pressed the central bank chief on how he would respond should his aggressive rate hikes push the U.S. economy into a recession. Wall Street is set to break a three-week losing streak later today as a very volatile H1 comes to a close. EU leaders unanimously approve candidate status for Ukraine but European Commission President Ursula Von Der Leyen insists the process will not be rushed through. Inflation in Japan exceeds the BoJ’s expectations for the second consecutive month. Softbank CEO Masayoshi Son leads the investment titan’s AGM. He says that, despite pressure from London, chip maker ARM is most likely to list on the Nasdaq.

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Jaksot(1847)

U.S.-Iran peace deal to include $300bn funding plan

U.S.-Iran peace deal to include $300bn funding plan

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Trump arrives at G7 summit following Iran peace deal signing

Trump arrives at G7 summit following Iran peace deal signing

U.S. President Donald Trump arrives at the G7 summit in Evian, France, touting a win via the signing of a peace framework with Iran. The deal extends the ceasefire by 60 days and re-opens the Strait o...

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U.S. and Iran reach peace deal

U.S. and Iran reach peace deal

The U.S. and Iran agree to a plan to end the war and reopen the Strait of Hormuz. Negotiations about Iran’s nuclear capabilities will be discussed over the next 60 days. Crude prices fall back towards...

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Investors await historic SpaceX listing

Investors await historic SpaceX listing

Global investors eagerly anticipate today’s SpaceX IPO – the biggest in history – with the company raising $75bn ahead of listing. President Trump postpones strikes on Iran, saying a peace agreement c...

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Iran vows to target Strait of Hormuz-bound ships

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The U.S. and Iran exchange fire for a second night with Iran targeting U.S. bases in the Gulf, vowing to target any vessels crossing the Strait of Hormuz. President Trump has voiced frustration over s...

11 Kesä 27min

 U.S.-Iran resume fire following downing of Apache in Gulf

U.S.-Iran resume fire following downing of Apache in Gulf

The U.S. and Iran exchange fire following the downing of an American Apache helicopter over the Strait of Hormuz. Tehran claims to have targeted U.S. bases in Jordan, Kuwait and Bahrain as a result. A...

10 Kesä 29min

OpenAI targets $1tn US listing

OpenAI targets $1tn US listing

OpenAI decides to confidentially file to list with a reported target valuation of $1tn. Perplexity CEO Arvand Srinivas tells CNBC he hopes to take his company public in the medium term and that the su...

9 Kesä 29min

Israel and Iran trade missile strikes

Israel and Iran trade missile strikes

Israel and Iran have exchanged fire for the first time since April which pushes oil futures higher and potentially jeopardizing a peace agreement. The A.I. sell-off on Friday continues into the new we...

8 Kesä 25min

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