Squawk Box Europe Express

Squawk Box anchors discuss the U.S. Federal Reserve's dovish interest rate hold for June but the central bank signals more cuts could be on the way, as Chairman Jerome Powell flags concerns about the health of the U.S. economy. The decision boosts U.S. equity markets while the 10-year treasury bill slides below 2 per cent for the first time in three years. Renewed positivity regarding a U.S.-China...

Squawk Box anchors discuss the global stock market rally amid optimism for a U.S.-China trade deal after U.S. President Donald Trump confirms he'll meet with Xi Jinping at the G20 summit. Signals from the ECB that it is considering further easing also boosts equities and sends bond yields to near two-year lows, while investors await a decision from the Fed today. President Trump takes aim at...

Central banks take centre stage on Squawk Box, as ECB President Mario Draghi prepares to give his keynote speech at the ECB forum in Sintra, and the Federal Reserve begins its two-day meeting amid market speculation over whether the FOMC will consider cutting interest rates. Former ECB President Jean-Claude Trichet tells CNBC that the world’s two largest central banks should not be solely relied u...

Squawk Box anchors discuss the latest protests in Hong Kong as demonstrators take to the streets again, despite the city’s Legislative Council backing down and suspending the controversial extradition bill. We are live from the territory. Asian markets are mixed after chip-makers lead the way lower in the U.S. session on Friday and investors look ahead to the U.S. Federal Reserve’s decision on Wed...

Squawk Box anchors discuss the oil price rally following an attack on two tankers in the Gulf of Oman. The U.S. State Department points the finger at Iran, but Tehran denies the accusations. Asian equities are mixed, with more protests over a controversial extradition bill in Hong Kong planned over the weekend. In Luxembourg, European finance ministers meet with the soaring Italian debt under...

Squawk Box anchors discuss the economic battle lines on the trade front, after President Trump describes the atmosphere between Washington and Beijing as “testy”. We cross live to Hong Kong where government offices stay closed after mass protests against a controversial extradition bill turned violent. Asian equities move lower following back-to-back losses on Wall Street, while the oil price hove...

Squawk Box anchors discuss the on-going political crisis in Hong Kong where the Legislative Council has postponed debate over a controversial extradition bill in the face of mass street protests. China reports slowing factory inflation, however, consumer inflation is at its highest level for 15 months with food prices rocketing. In the U.S., the Dow ends a six-day winning streak, while President T...

Squawk Box anchors discuss the rally in Chinese stocks after another day of gains on Wall Street fuelled by optimism of a Fed rate cut and the U.S.-Mexico deal. However, President Trump keeps the threat of further tariffs hanging over Beijing should President Xi fail to attend the G20 in Osaka later this month. He also dangles the prospect of including smartphone giant Huawei in the trade negotiat...

Squawk Box anchors discuss how the U.S.-China trade war has played out at the G20 finance minister meeting in Fukuoka, Japan, where U.S. Treasury Secretary Steven Mnuchin tells CNBC exclusively that President Trump is readying himself to make the next move after he meets President Xi later in June. He also says Trump will insist on keeping the threat of more tariffs on the table. U.S. futures have...

Squawk Box anchors discuss the fourth-straight day of gains for the Dow, prompted by signs of progress in trade talks between the U.S. and Mexico ahead of Monday’s tariff deadline. We’re awaiting the U.S. jobs report as the ECB joins other central banks with pushing out a rate hike amid warnings of a global uncertainty. We are live in front of Downing Street, as Theresa May prepares to step down a...

Squawk Box anchors discuss Fiat Chrysler upending its $33 bn mega-merger for French carmaker Renault, blaming political resistance for stalling the deal talks. Stateside, major indices rally on rising hopes of a Fed rate cut, but gains are capped in Asia after U.S. and Mexican trade negotiators fail to make progress in tariff talks. President Trump heads to Ireland, meeting with Irish Taoiseach Le...

Squawk Box anchors discuss the stock market rally in Asia and the U.S. with Wall Street recording its second-best day of the year. The strong performance comes after Federal Reserve Chairman Jerome Powell says the central bank is ready to ease policy amid rising trade tensions. Fed Vice-Chair Richard Clarida has told CNBC exclusively that he and his fellow policymakers will put in place polic...

Squawk Box anchors discuss the slump in U.S. tech stocks on the back of concerns over a potential anti-trust investigation into whether the biggest names in Silicon Valley have been abusing their market dominance. President Trump’s historic state visit to the UK turns from pomp to politics. The Queen rolls out the red carpet in a lavish state banquet for President, but demonstrators prep...

Squawk Box anchors discuss how trade tensions have helped wipe $2 trillion from global stocks during May, as Beijing blames Washington for the collapse in negotiations, saying the White House’s hardline stance will not resolve the dispute. President Trump kicks off his 3-day state visit to Britain with an opening salvo on Brexit, backing a no-deal departure and endorsing Boris Johnson as Prime Min...

Squawk Box anchors discuss President Trump’s latest trade confrontation. This time he targets Mexico in a bid to quell the flow of illegal immigration across the southern border. The Mexican peso and U.S. futures slump off the back of the announcement. Manufacturing activity in China falls more than expected in May amid Beijing’s trade dispute with Washington. Across the Pacific, Federal Reserve v...

Squawk Box anchors discuss recession concerns amid the deepening inversion of US Treasury yields, with the gap between the 3-month and 10-year rates at their widest since the financial crisis. The Dow slumps 200 points as Beijing escalates trade tensions, warning Washington of its ability to retaliate to hiked U.S. tariffs. We speak to ECB Vice-President Luis De Guindos about the central bank...

Squawk Box anchors discuss the warning signals in the bond market, as rates fall across the globe, with the yield on the 10-year treasury falling to a 19-month low. Stocks in Asia follow Wall Street lower amid fears the move in yields could be signalling an economic slowdown. Beijing hints it could withhold exports of rare earth minerals in its trade war with Washington but the U.S. Trea...

Squawk Box anchors discuss the upcoming race to fill the EU’s top positions, such as the Commission presidency, following the recent parliamentary elections. This could end up pitting France against Germany over the choice of president. Brussels is reportedly planning to take punitive action against Rome over Italy’s rising debt level but a defiant Matteo Salvini says that his Lega party’s strong...

Squawk Box anchors discuss the results of the European parliamentary elections with the centre bloc suffering a big blow from wins for Liberal, Euro-sceptic and Green parties. The euro, however, manages to parry the populist surge seen in the UK, France and Italy. Italian deputy prime minister and Lega leader Matteo Salvini hails the results, saying that Europe is changing. We are live in Westmins...

Squawk Box anchors discuss the latest sell-off in U.S. stocks amid the ongoing fears about the US-China trade war, with the Dow braced for its fifth weekly drop and its longest losing streak for 8 years. The yield on the U.S. 10-year Treasury also plunges to 2017 lows amid the risk-off sentiment and oil dips nearly 6 per cent before clawing back losses. Meanwhile, President Trump suggests Huawei c...

Squawk Box anchors discuss the on-going calls for UK Prime Minister Theresa May’s resignation as Commons leader Andrea Leadsom tenders her resignation from the cabinet over May’s new Brexit deal. We have reaction from Westminster. In the U.S., the Federal Reserve minutes reveal that rates will remain steady for the foreseeable future as inflationary pressures have subsided. CNBC learns from a top...

Squawk Box anchors discuss UK Prime Minister Theresa May’s last-ditch effort to get her Brexit deal through the House of Commons, offering lawmakers a variety of concessions, including the possibility of a second referendum. In the US, Wall Street bounces back after Washington offers Huawei a temporary reprieve, easing its restrictions as the Chinese smartphone maker launches new products in Europ...

Squawk Box anchors discuss Washington's reprieve for Huawei, as the U.S. government allows the Chinese smartphone maker to keep buying U.S. goods to maintain current networks and software for the next three months. Chip-makers and Asian equity markets have rebounded on the news, as it raises hopes of easing trade tensions between Beijing and Washington. U.S. Federal Reserve Chairman Jero...

Squawk Box anchors discuss the overnight jump in oil prices following Opec and its allies’ joint decision to continue with further output cuts this year. Russian energy minister Alexander Novak tells CNBC the world’s top energy producers will continue to cooperate. President Trump says any conflict would be the “official end” of Iran, while Saudi Arabian oil minister Khalid Al-Falih warns the king...

Squawk Box anchors discuss the wild week in stock markets as the Dow looks on track to post its first 4-week losing streak since 2016. US chip stocks fall following Washington’s blacklisting of Huawei. Beijing, however, remains defiant, saying it will emerge stronger from the trade war. EU finance ministers weigh in on the current escalating US-China trade tensions, telling CNBC it is importa...