SQUAWK BOX, TUESDAY 25TH FEBRUARY, 2020

SQUAWK BOX, TUESDAY 25TH FEBRUARY, 2020

Bouncing back from a Wall Street sell-off. The Dow Jones nosedives by more than 1,000 points or 3.5 per cent – it’s worst single-day fall in two years – as fears of a global Coronavirus pandemic grow. The Nikkei follows suit but U.S. futures point to a rebound Stateside after American biotech firm Moderna sends the first batch of its Coronavirus vaccine to U.S. government researchers. The rapidly developed drug will start human trials at the end of April. Oil prices also rise slightly following a near-four per cent slump and gold pares gains after a safe-haven stampede saw the metal hit a seven-year high. We speak to the Saudi oil minister live, who tells us he is unconcerned about the impact of the virus. We also get the latest from Italy, as the north of the country remains on lockdown due to the outbreak and the Italian stock market suffers its worst day since the Brexit vote. Finally, we discuss the impact on corporate earnings, after billionaire investor Warren Buffett tells CNBC that the sell-off is a buying opportunity.

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Episoder(1820)

Gilt yields hold high as election losses hit U.K.'s Starmer

Gilt yields hold high as election losses hit U.K.'s Starmer

U.K. stocks have dropped and gilt yields hold near multi-decade highs, after U.K. Prime Minister Keir Starmer and his Labour Party see bruising losses in local elections, with Farage’s Reform UK makin...

8 Mai 26min

Iran mulls U.S. proposals to end war

Iran mulls U.S. proposals to end war

Iran says it is considering U.S. proposal to end the conflict as well reportedly begins talks to re-open the Strait of Hormuz and the future of its nuclear programme. President Trump is optimistic an ...

7 Mai 25min

Trump slams brakes on 'Project Freedom' as talks progress

Trump slams brakes on 'Project Freedom' as talks progress

President Trump pauses the ‘Project Freedom’ operation after revealing that progress has been achieved on a potential deal with Tehran to end the conflict. U.S. Secretary of State Marco Rubio says reo...

6 Mai 25min

U.S. and Iran exchange fire in Strait of Hormuz

U.S. and Iran exchange fire in Strait of Hormuz

The U.S.-Iranian ceasefire agreement is in danger of falling apart after Tehran targets ships in the Strait of Hormuz. The flare-up sees the UAE also engage Iranian missile and drone fire. Unicredit h...

5 Mai 24min

U.S. navy to guide stricken tankers through Strait of Hormuz

U.S. navy to guide stricken tankers through Strait of Hormuz

U.S. President Donald Trump pledges to help guide stranded tankers through the Strait of Hormuz, using as many as 15,000 troops and 100 aircraft. The European Commission is mulling a response after Pr...

4 Mai 26min

ECB, BoE hold rates steady in face of inflation threat

ECB, BoE hold rates steady in face of inflation threat

Both the ECB and the BoE decided to hold interest rates steady but warn that a June hike could be on the cards should inflation pressures connected to the Iran crisis escalate. The S&P 500 and Nasdaq ...

1 Mai 30min

Brent surges to 4-year high as Trump eyes blockade extension, strikes

Brent surges to 4-year high as Trump eyes blockade extension, strikes

Brent crude oil hits a war-time record of more than $123 per barrel after Axios reports U.S. President Trump is to be briefed on potential further strikes on Iran after rejecting Tehran’s offer to re-...

30 Apr 26min

Deutsche Bank and UBS post record quarterly results

Deutsche Bank and UBS post record quarterly results

Two of Europe’s key lenders enjoy stellar quarterly results on the back of market volatility. Deutsche Bank hikes revenue guidance after record profits while UBS notches a profit increase of 80 per ce...

29 Apr 26min

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