SQUAWK BOX, MONDAY 24TH JUNE, 2019

SQUAWK BOX, MONDAY 24TH JUNE, 2019

The U.S. prepares to unveil additional sanctions against Iran, ramping up tensions between the two nations. President Trump says he is not looking for war, while the U.S. envoy to Iran tells CNBC exclusively that the administration has not discounted further negotiations. On trade, China urges Washington to be open to compromise in upcoming G20 talks with Beijing as further Chinese tech firms are added to the U.S. blacklist. Turkey's opposition party wins again in Istanbul. The re-run for the post of mayor is a major blow to the ruling AK Party and President Erdogan. And in corporate news, Daimler downgrades its 2019 profit forecasts as higher diesel provisions weigh on its outlook.

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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 ...

1 Maj 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

Trump slams Iranian moves to postpone nuclear talks

Trump slams Iranian moves to postpone nuclear talks

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...

28 Apr 27min

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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