Squawk Box Europe Express

U.S. retail numbers come in strong, seeing the largest gains since January. However, Fitch Ratings has warned it may need to downgrade top-tier U.S. banks which causes shares to dip. The Dow breaks a ...

16 Elo 202325min

There is more economic disappointment coming out of China where policy makers have cut the rate of its mid-term lending facility and youth unemployment data publishing has been suspended. Former U.S. ...

15 Elo 202326min

Chinese property developer Country Garden suspends bond trading as an escalating debt crisis sends shares to a record low and the broader equity market into the red. Goldman Sachs says it expects a Fe...

14 Elo 202327min

UBS has removed the safety net, voluntarily scrapping the cash provision agreement with the Swiss National Bank. The country's federal council confirmed taxpayers will no longer bear any risks from th...

11 Elo 202325min

Disney shares gained in extended trade after the firm hiked prices for its streaming services. However the entertainment giant revealed a larger than expected subscriber loss, with CEO Bob Iger pledgi...

10 Elo 202322min

The Chinese economy tips into deflation for the first time in over two years with consumer prices -0.3%, heaping further pressure on Beijing to step up the stimulus. Bank stocks lead Wall Street into ...

9 Elo 202325min

Chinese exports post their biggest decline since the onset of the pandemic, plunging more than 14% in July while imports also come in much worse than expected. Wall Street snaps back with the Nasdaq a...

8 Elo 202324min

The S&P 500 and the Nasdaq turn in their worst weeks since March with tech giant Apple weighing heavily, while non-farm payrolls miss expectations with a gain of 187,000 jobs in July. Siemens Energy c...

7 Elo 202326min