SQUAWK BOX, TUESDAY 2ND APRIL, 2019

SQUAWK BOX, TUESDAY 2ND APRIL, 2019

Squawk Box anchors discuss the US stock markets’ strong start to the second quarter on the back of surprisingly solid gains in manufacturing activity in the US and China, also helping Chinese stocks hit a seven-month high. In the UK, MPs again fail to back alternatives to the Brexit deal. We have detailed analysis from Westminster. The OECD predicts that Italy’s budget deficit will rise to 2.5 per cent this year and Lyft’s debut gains are wiped out with the ride-hailing firm falling 12 per cent on the second day of trade. Meanwhile, we’re live in Turkey, where President Erdogan’s AK party is disputing local elections which saw it lose several key cities.

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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 ...

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

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30 Apr 26min

Deutsche Bank and UBS post record quarterly results

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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...

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Trump slams Iranian moves to postpone nuclear talks

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U.S. President Donald Trump voices displeasure at Iran’s proposal to postpone nuclear talks until after the conflict ends. Meanwhile, German Chancellor Friedrich Merz slams U.S. strategic aims in Iran...

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Trump urges Iran to reopen talks

Trump urges Iran to reopen talks

President Trump says Iran can pick up the phone after cancelling his envoys’ negotiation trip to Pakistan. Axios reports Tehran is to table a new proposal to end the conflict and reopen the Strait of ...

27 Apr 24min

Trump heralds Israel-Lebanon ceasefire extension

Trump heralds Israel-Lebanon ceasefire extension

U.S. President Donald Trump hails a three-week ceasefire extension between Israel and Lebanon and that he is willing to wait until an appropriate deal is reached with Iran in order to re-open the Stra...

24 Apr 26min

Podcast summary: European Q1 earnings in focus

Podcast summary: European Q1 earnings in focus

Nestlé and Heineken both post Q1 earnings beats with LSEG and Roche results out today as well. Tesla also beats in the first quarter however it misses its revenue target and hikes capex expenditure. C...

23 Apr 25min

U.S.-Iran ceasefire extended but Strait of Hormuz remains shut

U.S.-Iran ceasefire extended but Strait of Hormuz remains shut

U.S. President Trump extends the ceasefire with Iran in order to allow for further peace talks to be organised. However, the Strait of Hormuz remains blockaded by both sides with global markets in lim...

22 Apr 27min

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