SQUAWK BOX, FRIDAY 13TH DECEMBER, 2019

SQUAWK BOX, FRIDAY 13TH DECEMBER, 2019

“We pulled it off” … UK Prime Minister Boris Johnson hails a Conservative landslide victory – the party’s most significant electoral mandate since 1987. In the markets, sterling jumps by more than two per cent against the dollar on the news. Labour, however, are nursing their wounds after their worst performance at the polls for more than 80 years. Opposition leader Jeremy Corbyn has confirmed he will not stand in another election. In Brussels, EU leaders breathe a sigh of relief at the result, voicing hope it will usher in a new phase in deadlocked Brexit negotiations. CNBC learns that there is also movement in U.S.-China trade talks with a 'phase one' deal agreed in principle. Beijing has reportedly said it will buy $50bn of agricultural goods in return for President Trump suspending further tariffs.

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Episoder(1857)

European and U.S. equities post best quarter since 2020

European and U.S. equities post best quarter since 2020

Europe and Wall Street notch their best quarter since 2020 with tech and A.I. stocks leading the gains. The energy sector continues to suffer amid Middle East uncertainty. The euro zone’s largest econ...

1 Jul 27min

ECB's Lagarde backs June rate decision

ECB's Lagarde backs June rate decision

We are live at the Sintra Forum where ECB President Christine Lagarde has backed the central bank’s decision to hike rates in June as necessary to rein in inflation. However, Lagarde insists ‘unconven...

30 Jun 27min

Fledgling U.S.-Iran peace deal stutters

Fledgling U.S.-Iran peace deal stutters

The U.S.-Iran peace deal falters over the weekend but a U.S. official tells CNBC hostilities have abated with talks set to resume in Doha tomorrow. European and U.S. futures are up on de-escalation ho...

29 Jun 27min

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

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