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SQUAWK BOX, WEDNESDAY 11TH DECEMBER, 2019

SQUAWK BOX, WEDNESDAY 11TH DECEMBER, 2019

FromSquawk Box Europe Express


SQUAWK BOX, WEDNESDAY 11TH DECEMBER, 2019

FromSquawk Box Europe Express

ratings:
Length:
23 minutes
Released:
Dec 11, 2019
Format:
Podcast episode

Description

The countdown is on! Investors eagerly await Saudi Aramco's mega IPO with shares set to start trading on the Tadawul, in the world's biggest listing ever. We are live with reaction from Riyadh, as the oil giant makes its debut at 32 riyals a share, valuing the company at $1.7tn. It’s a mixed picture for U.S. and Chinese stocks with the threat of fresh tariffs on Beijing just around the corner but the markets are now focused on the Federal Reserve’s rate decision due out later today. Swiss bank Credit Suisse cuts its profitability targets for this year and next, as it faces shareholders in its investor day, amid pressure from negative interest rates. With a day to go before the UK general election, sterling slides against the dollar after a new poll hints at a hung parliament. In Washington, Democrats formally publish two impeachment articles against President Trump, who becomes the fourth U.S. leader in history subject to such charges.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Released:
Dec 11, 2019
Format:
Podcast episode

Titles in the series (100)

CNBC's flagship show in Europe sets you up with everything you need to know for the European business day. Anchors Geoff Cutmore, Steve Sedgwick and Karen Tso engage in unscripted and dynamic debate on the day's top stories. They are joined by leading business executives, policymakers, financial strategists, fund managers and other newsmakers to provide original points of view and instant analysis of the latest business news and key market themes.