SQUAWK BOX, TUESDAY 30TH JULY, 2019

SQUAWK BOX, TUESDAY 30TH JULY, 2019

The focus today is on central banks with the Bank of Japan holding rates steady but markets anticipating a 25-basis point cut from the U.S. Federal Reserve. President Trump, however, insists that ‘a small cut is not enough’. Asian stocks move higher as trade talks between Washington and Beijing resume in Shanghai and earnings are expected from Chinese tech giant Huawei. Sterling plunges to a 28-month low as Prime Minister Boris Johnson angles the U.K. to a no-deal Brexit saying that the withdrawal agreement negotiated by former PM Theresa May is now dead in the water. Also, in corporate news, meat substitute company Beyond Meat sees its shares fall in after-hours trading on plans to sell more shares. Its sales however, have increased three-fold in the second quarter.

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Episoder(1854)

Asian markets slump as A.I. infrastructure costs soar

Asian markets slump as A.I. infrastructure costs soar

European equities end the week as Asian markets continue to sell off sharply. Apple and Microsoft announce price rises as the A.I. race constrains chip supplies and prompts concern over higher inflati...

26 Jun 25min

Chip stocks feed Asia rally

Chip stocks feed Asia rally

Equities in Asia are boosted by the chip sector through positive earnings from Micron and SK Hynix’s announcement it plans a $30bn listing on the Nasdaq. Brent dips to levels last seen before the conf...

25 Jun 30min

Global tech sell-off gathers pace

Global tech sell-off gathers pace

The global tech sell-off continues with U.S. memory and A.I. related companies firmly in the red as investors reassess the A.I. boom. Micron is set to deliver its results later today. Strait of Hormuz...

24 Jun 27min

Starmer resignation opens door to Burnham premiership

Starmer resignation opens door to Burnham premiership

Britain will have a seventh prime minister in a decade following yesterday’s resignation by Sir Keir Starmer. Newly elected Makerfield MP Andy Burnham could be handed the keys to No.10 in less than a ...

23 Jun 26min

U.S.-Iran peace talks end with 60-day road map agreement

U.S.-Iran peace talks end with 60-day road map agreement

Peace talks between the U.S. and Iran conclude in Switzerland for the time being with an agreement to reach a final deal within 60 days. The talks had been hampered by President Trump’s renewed threat...

22 Jun 30min

Andy Burnham wins Makerfield by-election

Andy Burnham wins Makerfield by-election

Andy Burnham wins the Makerfield by-election, returning him to Parliament and setting up a leadership challenge against U.K. Prime Minister Keir Starmer. In geopolitics, U.S.-Iran talks today are call...

19 Jun 27min

U.S., Iran sign peace deal MOU

U.S., Iran sign peace deal MOU

The U.S. and Iran both sign their MOU for their peace framework. Crude prices tumble with hopes growing that the Strait of Hormuz will now re-open. President Trump warns the U.S. will reserve the righ...

18 Jun 23min

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

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

More details of the U.S.-Iran peace agreement framework have been revealed with reports of a $300bn investment fund for Tehran along with renewed export capacities. We are live at the G7 summit in Evi...

17 Jun 30min

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